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FX.co ★ Interlink Electronics Posts Loss In Q4 - Quick Facts

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typeContent_19130:::2024-03-21T14:43:00

Interlink Electronics Posts Loss In Q4 - Quick Facts

Interlink Electronics, Inc. (LINK) reported a net loss of $548 thousand for the fourth quarter, a drop from the previous year's profit of $1.3 million. Consequently, earnings per share shifted from a profit of $0.13 in the previous year to a loss of $0.06. Despite the loss, the company noted a 120% increase in quarterly revenue which amounted to $3.5 million, up from the previous year. The year-end report reflected cash and cash equivalent assets valued at $4.3 million.

Steven Bronson, CEO of Interlink Electronics, expressed future strategic plans: "Our focus remains on investment in areas including engineering, product development, and sales and marketing as part of our longer-term growth strategies."

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