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Interlink Electronics Q1 revenue rises 15% on force-sensing product shipments

Overview

US sensor technology firm's Q1 revenue grew 15% yr/yr, driven by force-sensing product shipments

Net loss for Q1 narrowed, reflecting higher revenue and gross profit

Company announced letter of intent to acquire manufacturing solutions provider for mission-critical sectors

Outlook

Company expects initial production of electrodes for test strips later in 2026, pending clinical trials

Company plans to open new R&D and production facility in South Yorkshire, England in July

Result Drivers

FORCE-SENSING AND PRINTED ELECTRONICS SHIPMENTS - Co said higher shipments of force-sensing and printed electronics products drove revenue growth

PRODUCT MIX - Co attributed higher gross margin to increased revenue and changes in the mix of products and services

GAS-SENSOR SALES - Lower sales of gas-sensor products partially offset overall revenue gains

Company press release: ID:nGNX1tPXlm

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Revenue$3.07 mln
Q1 EPS-$0.02
Q1 Net Income-$338,000
Q1 Gross Margin43.50%
Q1 Income from Operations-$450,000
Q1 Operating Expenses$1.79 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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