The LGL Group, Inc., together with its subsidiaries, engages in the design, manufacture, and marketing of frequency and spectrum control products in the United States and internationally. The company operates in two segments, Electronic Components and Electronic Instruments. The Electronic Components segment offers clock oscillators, VCXO, TCXO OCXO, and DOCXO devices; and radio frequency, microwave and millimeter wave filters, diplexers, and solid-state power amplifiers. It also provides filter devices, which includes crystal, ceramic, LC, tubular, combline, cavity, interdigital, and metal insert waveguide, as well as digital, analog and mechanical tunable filters, switched filter arrays, and RF subsystems. This segment's products are used in infrastructure equipment for the telecommunications and network equipment industries; and electronic systems for applications in defense, aerospace, earth-orbiting satellites, down-hole drilling, medical devices, instrumentation, industrial devices, and global positioning systems. The Electronic Instruments segment designs and manufactures frequency and time reference standards, distribution amplifiers, redundancy auto switches, and NTP servers for timing and synchronization in various applications. Its products are used in computer networking, satellite ground stations, electric utilities, broadcasting, and telecommunication systems. The company was formerly known as Lynch Corporation and changed its name to The LGL Group, Inc. The LGL Group, Inc. was founded in 1917 and is based in Orlando, Florida.
IPO Year: 1946
Exchange: AMEX
Website: lglgroup.com
10-Q - LGL GROUP INC (0000061004) (Filer)
8-K - LGL GROUP INC (0000061004) (Filer)
8-K - LGL GROUP INC (0000061004) (Filer)
8-K - LGL GROUP INC (0000061004) (Filer)
10-Q - LGL GROUP INC (0000061004) (Filer)
SD - LGL GROUP INC (0000061004) (Filer)
10-Q - LGL GROUP INC (0000061004) (Filer)
8-K - LGL GROUP INC (0000061004) (Filer)
8-K - LGL GROUP INC (0000061004) (Filer)
10-K - LGL GROUP INC (0000061004) (Filer)
The LGL Group, Inc. (NYSE:LGL) (the "Company" or "LGL") announced that on August 11, 2023, the Board of Directors elected Ms. Darlene DeRemer and Mr. Herve Francois to the Board, effective immediately. Marc Gabelli, LGL Chairman added, "We are delighted that both Ms. DeRemer and Mr. Francois have joined our board, and that Tim Foufas has moved into management. Darlene brings 35 years of experience in asset management and investment banking. Herve offers 20 plus years' experience in technology investing as well as broad financial analysis acumen. Tim has over 25 years as an investor. These additions will assist our management team as we continue to evaluate LGL opportunities for shareholde
Company Reaffirms Commitment to Strong Corporate Governance and Independent Board OversightBOCA RATON, FL / ACCESSWIRE / October 4, 2021 / Greenlane Holdings, Inc. ("Greenlane" or "the Company") (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, announced today the appointment of independent director Donald Hunter as Chairman of the Board, effective September 30, 2021. Aaron LoCascio, the former Chairman of the Board, will remain on the Company's Board of Directors.Mr. Hunter's appointment reaffirms Greenlane's commitment to strong corporate governance and independent oversight."Over the years, Don
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The LGL Group, Inc. (NYSE:LGL) (the "Company" or "LGL") announced its financial results for the three and six months ended June 30, 2023. Revenue of $403,000 for the three months ended June 30, 2023 compared to $370,000 for the comparable prior year period and revenue of $844,000 versus $787,000 for the six months ended June 30, 2023 and 2022, respectively. Operating loss of $438,000 for the three months ended June 30, 2023 compared to $480,000 loss reported in the prior year period and operating loss of $747,000 and $1,327,000 for the six months ended June 30, 2023 and 2022, respectively. Balance sheet cash and marketable securities of $40.3 million at June 30, 2023, compared to $
The LGL Group, Inc. (NYSE:LGL) (the "Company" or "LGL") announced its financial results for the three months ended March 31, 2023. Revenue of $441,000 for the three months ended March 31, 2023 compared to $417,000 for the comparable prior year period. Operating loss of $309,000 for the three months ended March 31, 2023 compared to $847,000 loss reported in the prior year period. Balance sheet cash and marketable securities of $38.4 million at March 31, 2023. Investment income of $345,000 compared to $45,000 for the prior year quarter. Other income of $186,000 compared to expense of $3,000 in the previous year. Other income includes interest income from our investments. Net
The LGL Group, Inc. (NYSE:LGL) (the "Company" or "LGL") announced its financial results for the three and nine months ended September 30, 2022. Revenue of $8.8 million for the three months ended September 30, 2022 increased 16.8% compared to $7.5 million for the comparable prior year period. For the nine months ended September 30, 2022, revenue was $24.3 million, a 16.2% increase from the $20.9 million reported for the comparable prior year period. Realized and unrealized losses aggregating $4.4 million for the nine months ended September 30, 2022, largely related to unrealized losses recorded for the Company's ongoing investment in IronNet, Inc. Diluted net loss of $0.27 per share co
The LGL Group, Inc. (NYSE:LGL) (the "Company" or "LGL") today announced that its previously announced spin-off of M-tron Industries, Inc. ("Mtron") is expected to be completed on October 7, 2022. The Board of Directors previously established September 30, 2022 as the record date (the "Record Date") and October 7, 2022 as the anticipated distribution date (the "Distribution Date") for the proposed spin-off of Mtron into a standalone, separately-traded public company. The SEC declared the Form 10 registration statement relating to its spin-off of M-tron Industries, Inc. effective on September 7, 2022, and the NYSE American certified its approval for the listing and registration on August 31,
The LGL Group, Inc. (NYSE:LGL) (the "Company" or "LGL") announced its financial results for the three and six months ended June 30, 2022. Revenue of $7.4 million for the three months ended June 30, 2022 increased 8.0% compared to $6.9 million for the comparable prior year period. For the six months ended June 30, 2022, revenue was $15.5 million, a 15.8% increase from the $13.4 million reported for the comparable prior year period. Realized and unrealized losses aggregating $2.3 million during the first half of 2022, largely related to unrealized losses recorded for the Company's ongoing investment in IronNet, Inc. Diluted net loss of $0.34 per share compared to zero for the prior year
The LGL Group, Inc. (NYSE:LGL) (the "Company" or "LGL") today announced that its Board of Directors has established August 12, 2022 as the record date (the "Record Date") and August 19, 2022 as the anticipated distribution date (the "Distribution Date") in connection with the previously announced potential spin-off of its Mtron business into a standalone, separately-traded public company. Following the separation, Mtron will provide highly-engineered electronic components used to control the frequency or timing of signals in electronic circuits. LGL will retain its Precise Time and Frequency ("PTF") business focused primarily on frequency reference and time standard synchronization solution
The LGL Group, Inc. (NYSE:LGL) (the "Company" or "LGL") announced its financial results for the three months ended March 31, 2022. Revenue of $8.1 million increased 24.1% compared to $6.5 million for Q1 2021. Diluted net income of $0.03 per share compared to $0.01 per share for the prior year quarter. Backlog of $37.0 million at March 31, 2022, up 24% compared to $29.8 million as of Q4 2021. Balance sheet cash and marketable securities of $44.5 million. Net working capital of $51.6 million including $5.9 million of inventory. Adjusted EBITDA for Q1 2022 was $715,000 or $0.13 per diluted share compared to $197,000, or $0.04 per diluted share for Q1 2021. A special meeting of st
The LGL Group, Inc. (NYSE:LGL) ("LGL" or the "Company") will host a conference call to review 2021 financial results on Tuesday, March 29, 2022 at 10:00 am (EDT). LGL's 2021 results are expected to be filed on Form 10-K with the Securities and Exchange Commission ("SEC") before the market opens on Monday, March 28, 2021, which will also available on the Company's website. Participants are invited to access the call by dialing (773) 305-6853 (Direct) or (888) 254-3590 (Toll-free) approximately fifteen minutes before the conference start time and providing the conference ID 9503778. About The LGL Group, Inc. The LGL Group, Inc., through its two principal subsidiaries MtronPTI and PTF, desi
The LGL Group, Inc. pre-announces Q4 2021 revenues, backlog, cash and marketable securities and updates its MtronPTI spin-off progress and sets the date for its Q4 2021 earnings conference call. Flash report: The Company's Q4 2021 revenues, backlog, cash and marketable securities and other highlights are as follows: Revenues for the fourth quarter 2021 are expected to be approximately $7.2 million vs. $7.4 million for the fourth quarter of 2020 and vs. $7.5 million in revenue against the third quarter 2021 sequentially. Revenue for the full year 2021 is expected to be approximately $28.1 million vs. 2020 revenues of $31.2 million, and 11.8% lower than pre-COVID-19 2019 revenue of $31.9
The LGL Group, Inc. (NYSE:AMERICAN) (the "Company" or "LGL") announced its financial results for the three and nine months ended September 30, 2021. Operating revenues declined to $7.5 million from $8.1 million for the prior year quarter, and declined to $20.9 million for the nine months ended September 30, 2021 compared to $23.7 million for the prior year nine months Business units of Avionics and Defense continue to gain traction from Pre-Covid levels while cost push inflationary pressures remain prevalent throughout the operations Backlog improvement of $21.8 million versus $19.8 million at December 31, 2020 and $21.5 million at September 30, 2020 Net cash position, including mar
Gainers Remark Hldgs (NASDAQ:MARK) shares moved upwards by 43.9% to $0.55 during Monday's regular session. The market value of their outstanding shares is at $11.5 million. Phunware (NASDAQ:PHUN) stock rose 37.41% to $0.35. The market value of their outstanding shares is at $62.2 million. CXApp (NASDAQ:CXAI) stock increased by 32.45% to $1.51. The company's market cap stands at $23.0 million. Comtech Telecom (NASDAQ:CMTL) shares rose 20.5% to $8.11. The market value of their outstanding shares is at $230.9 million. Taoping (NASDAQ:TAOP) shares increased by 19.94% to $1.0. The company's market cap stands at $1.9 million. Quantum (NASDAQ:QMCO) shares moved upwards by 14.19% to $0.34. The
LGL Group (AMEX:LGL) reported quarterly losses of $(0.02) per share. This is a 94.12 percent increase over losses of $(0.34) per share from the same period last year. The company reported $403.00 thousand in sales this quarter.
LGL Group (AMEX:LGL) reported quarterly earnings of $0.03 per share which missed the analyst consensus estimate of $0.06 by 50 percent. This is unchanged from the same period last year. The company reported quarterly sales of $441.00 thousand which missed the analyst consensus estimate of $600.00 thousand by 26.50 percent. This is a 94.56 percent decrease over sales of $8.11 million the same period last year.
LGL Group (AMEX:LGL) reported quarterly losses of $(0.27) per share. This is a 437.5 percent decrease over earnings of $0.08 per share from the same period last year. The company reported $8.76 million in sales this quarter. This is a 16.80 percent increase over sales of $7.50 million the same period last year.
What is a Value Stock? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Below is a list of notable value stocks in the technology sector: Amtech Systems (NASDAQ:ASYS) - P/E: 9.04 Daqo New Energy (NYSE:DQ) - P/E: 2.17 Canaan (NASDAQ:CAN) - P/E: 1.59 Micron Technology (NASDAQ:MU) - P/E: 7.26 LGL Group (AMEX:LGL) - P/E: 2.08 Amtech Systems saw
The LGL Group, Inc. (NYSE:LGL) today announced the adjustment to the terms for its warrants, as a result of its M-tron Industries, Inc. spin-off. The adjustments are as follows: LGL warrants exercise price is adjusted to $4.75 from $12.50 original before the Mtron spin-off LGL warrants trigger price for potential acceleration of the exercise date is adjusted to $6.65 versus $17.50 before the spin-off The LGL warrants are listed and traded under the NYSE American as LGL.WS and have the CUSIP number of "50186A 132" Adjustment to LGL's Outstanding Warrants: The LGL warrants original exercise price of $12.50 is adjusted to $4.75, and the original warrant trigger price for potential accel
What Defines a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Benzinga Insights has compiled a list of value stocks in the technology sector that may be worth watching: Canaan (NASDAQ:CAN) - P/E: 1.68 Silicon Motion Technology (NASDAQ:SIMO) - P/E: 8.95 LGL Group (AMEX:LGL) - P/E: 1.85 Nortech Systems (NASDAQ:NSYS) - P/E: 3.01 Applied Materials (NASDAQ:AMAT) - P/E: 9.96 Canaan has reported Q2 earnings per share at $0.6, which has increased by 20.0% compared to Q1, wh
LGL Group (AMEX:LGL) has outperformed the market over the past 5 years by 7.99% on an annualized basis producing an average annual return of 15.31%. Currently, LGL Group has a market capitalization of $29.48 million. Buying $100 In LGL: If an investor had bought $100 of LGL stock 5 years ago, it would be worth $204.85 today based on a price of $5.51 for LGL at the time of writing. LGL Group's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by
The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Benzinga Insights has compiled a list of value stocks in the technology sector that may be worth watching: MIND C.T.I. (NASDAQ:MNDO) - P/E: 8.72 LGL Group (AMEX:LGL) - P/E: 5.17 GSE Systems (NASDAQ:GVP) - P/E: 4.8 Computer Task Group (NASDAQ:CTG) - P/E: 7.76 Rimini Street (NASDAQ:RMNI) - P/E: 6.4 MIND C.T.I. has reported Q2 earnings per share at $0.06, which has decreased by 14.29% compared to Q1, whi
The LGL Group, Inc. (NYSE:LGL) (the "Company" or "LGL") today announced that LGL's Board of Directors has decided to reschedule the previously announced spin-off of M-Tron Industries, Inc. ("MtronPTI"). The Board has established September 30, 2022 as the new record date and October 7, 2022 as the anticipated distribution date. MtronPTI's Registration Statement on Form 10 (the "Form 10") on file with the Securities and Exchange Commission (the "SEC") will be updated to reflect the new record and distribution dates. After the separation, MtronPTI common stock is expected to trade under the stock ticker symbol "MPTI" and LGL will continue to trade under the stock ticker symbol "LGL." This pr
Orlando, Florida--(Newsfile Corp. - November 13, 2024) - The LGL Group, Inc. (NYSE:LGL) ("LGL," "LGL Group," or the "Company") announced today its financial results for the third quarter ended September 30, 2024.Third Quarter 2024Total revenues increased $201,000 to $1,179,000 for the three months ended September 30, 2024 from $978,000 for the three months ended September 30, 2023Income from continuing operations before income taxes and after non-controlling interests decreased $57,000 to $120,000 for the three months ended September 30, 2024 from $177,000 for the three months ended September 30, 2023Net income per diluted share decreased $0.01 to $0.01 for the three months ended September 3
Orlando, Florida--(Newsfile Corp. - September 13, 2024) - The LGL Group, Inc. (NYSE:LGL) ("LGL," "LGL Group," or the "Company") announced members of LGL Group management, including Tim Foufas, Co-Chief Executive Officer, will present and host one-one-one meetings with investors at the Sidoti September Virtual Investor Conference, taking place on Wednesday and Thursday, September 18 - 19, 2024, featuring a range of compelling presentations from various small-cap companies.The presentation will begin at 9:15 am Eastern Time (US and Canada) on September 18, 2024, and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_1OYuAYl2SLW34KUNRyVtuw#. LGL Group will also host virtual o
Orlando, Florida--(Newsfile Corp. - August 13, 2024) - The LGL Group, Inc. (NYSE:LGL) ("LGL," "LGL Group," or the "Company") announced today its financial results for the second quarter ended June 30, 2024.Second Quarter 2024Total revenues increased $347,000 to $1,068,000 for the three months ended June 30, 2024 from $721,000 for the three months ended June 30, 2023Income from continuing operations before income taxes and after non-controlling interests increased $345,000 to $213,000 for the three months ended June 30, 2024 from ($132,000) for the three months ended June 30, 2023Net income per diluted share increased $0.04 to $0.02 for the three months ended June 30, 2024 from ($0.02) for th
The LGL Group, Inc. (NYSE:LGL) ("LGL, "LGL Group", or the "Company") is pleased to announce its participation in the upcoming Sidoti Micro-Cap Virtual Investor Conference. Hosted by Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, this prominent event will take place on Wednesday and Thursday, January 17-18, 2024, featuring a range of compelling presentations from various small-cap companies. Members of LGL Group management are scheduled to present Thursday January 18, 2024, at 1:45 PM Eastern Time. The presentation will cover recent financial performance, strategic initiatives, and other aspects of the business. "We are excited to showcase our latest achievements and strategi
NEW YORK, NY / ACCESSWIRE / January 16, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day January Micro-Cap Conference taking place Wednesday and Thursday, January 17-18, 2024. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.Presentation Schedule*All Times ESTWednesday, January 17, 2024 (Day 1)8:30-9:00Arqit Quantum Inc. (ARQQ)Marti Tecnologies, Inc. (MRT)Alico Inc. (ALCO)9:15-9:45*****Inspire Veterinary Partners (IVP)Onfolio Holdings, Inc (ONFO)10:00-10:30*****Synlogic, Inc (SYBX)Teton Advisors, Inc. (TETAA)10:45-11:15Synchrono
The LGL Group, Inc. (NYSE:LGL) (the "Company" or "LGL") announced its Co-CEO's, Marc Gabelli and Timothy Foufas will make a presentation to investors at the Sidoti Small-Cap Virtual Investor Conference, on December 7, 2023. The presentation will begin at 11:30 am Eastern Time (U.S. and Canada) on December 7, 2023 and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_iiabADsgRrqulgU6_x-ecA. To register for the presentation, visit www.sidoti.com/events. Registration is free and you don't need to be a Sidoti client. About Sidoti & Company: For over two decades, Sidoti & Company (http://www.sidoti.com) has been a premier provider of independent securities research focu
NEW YORK, NY / ACCESSWIRE / December 5, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day December Small-Cap Conference taking place Wednesday and Thursday, December 6-7, 2023. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links. Presentation Schedule*All Times ESTWednesday, December 6, 2023 (Day 1)8:30-9:00*****TimkenSteel (TMST)InfuSystem Holdings Inc (INFU)9:15-9:45*****L.B. Foster Company (FSTR)*****10:00-10:30Oportun Financial Corp. (OPRT)Charles River Associates (CRAI)LeMaitre Vascular (LMAT)10:45-11:15Universal Technical
The LGL Group, Inc. (NYSE:LGL) (the "Company" or "LGL") announced its financial results for the three and six months ended June 30, 2023. Revenue of $403,000 for the three months ended June 30, 2023 compared to $370,000 for the comparable prior year period and revenue of $844,000 versus $787,000 for the six months ended June 30, 2023 and 2022, respectively. Operating loss of $438,000 for the three months ended June 30, 2023 compared to $480,000 loss reported in the prior year period and operating loss of $747,000 and $1,327,000 for the six months ended June 30, 2023 and 2022, respectively. Balance sheet cash and marketable securities of $40.3 million at June 30, 2023, compared to $
The LGL Group, Inc. (NYSE:LGL) (the "Company" or "LGL") announced that on August 11, 2023, the Board of Directors elected Ms. Darlene DeRemer and Mr. Herve Francois to the Board, effective immediately. Marc Gabelli, LGL Chairman added, "We are delighted that both Ms. DeRemer and Mr. Francois have joined our board, and that Tim Foufas has moved into management. Darlene brings 35 years of experience in asset management and investment banking. Herve offers 20 plus years' experience in technology investing as well as broad financial analysis acumen. Tim has over 25 years as an investor. These additions will assist our management team as we continue to evaluate LGL opportunities for shareholde
The LGL Group, Inc. (NYSE:LGL) (the "Company" or "LGL") announced its financial results for the three months ended March 31, 2023. Revenue of $441,000 for the three months ended March 31, 2023 compared to $417,000 for the comparable prior year period. Operating loss of $309,000 for the three months ended March 31, 2023 compared to $847,000 loss reported in the prior year period. Balance sheet cash and marketable securities of $38.4 million at March 31, 2023. Investment income of $345,000 compared to $45,000 for the prior year quarter. Other income of $186,000 compared to expense of $3,000 in the previous year. Other income includes interest income from our investments. Net