Overview
US spintronic sensor maker's fiscal Q4 revenue rose 5% on higher product sales
Fiscal Q4 net income climbed 27% year-over-year
Company declared unchanged $1.00 per share quarterly dividend
Outlook
Company did not provide specific guidance for future quarters or the fiscal year
Result Drivers
PRODUCT SALES GROWTH - Q4 revenue increase was driven by a 6% rise in product sales
CONTRACT R&D DECLINE - Contract research and development revenue fell 19%, partially offsetting overall revenue growth
Company press release: ID:nBwrVQPma
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$7.65 mln
Q4 EPS
$1.02
Q4 Net Income
$4.93 mln
Q4 Dividend
$1
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(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.)