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FX.co ★ Trio-Tech International Q2 Earnings Stay Flat

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typeContent_19130:::2024-02-12T14:16:00

Trio-Tech International Q2 Earnings Stay Flat

Trio-Tech International, a company providing services to the semiconductor industry, announced on Monday its flat earnings for the second quarter along with a slight 2 percent drop in revenues. The company's earnings remained steady at $507 thousand, equivalent to $0.12 per share, mirroring figures from a year ago. The decrease in revenue to $12.20 million from $12.39 million the previous year was due to a downturn in the testing services segment. In pre-market activity on the New York Stock Exchange, shares of Trio-Tech were trading at $5.17, reflecting a 1.57% increase.

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