M-tron Industries(MPTI) ZACKS·2025-05-14 15:26Core Insights - M-tron Industries, Inc. (MPTI) reported first quarter of 2025 results with adjusted earnings and revenues missing the Zacks Consensus Estimate, leading to a 7.8% decline in shares during after-hours trading [1] Financial Performance - Adjusted earnings per share (EPS) were 56 cents, missing the consensus estimate of 66 cents by 15.2%, but increased 5.7% from 53 cents in the same quarter last year [3] - Quarterly revenues were 13.2 million by 2.1%, yet increased 13.8% from 55.5 million, up from 46.1 million a year ago, driven by large orders and broad demand for products [4] Operating Metrics - Gross margin was 42.5%, down 20 basis points from 42.7% a year ago, attributed to higher manufacturing costs and new federal tariffs on imported materials [5] - Adjusted EBITDA was 2.3 million in the year-ago quarter, while adjusted EBITDA margin decreased by 50 basis points year over year to 19.7% [5] Cash Position - As of March 31, 2025, MPTI had cash and cash equivalents of 12.6 million at the end of 2024, while inventories were slightly down to 9.5 million [6]