Recent Updates — MPTI

M-tron Industries reported second quarter 2026 financial results for the period ended June 30, 2026. Revenues increased 13.8% to $15.1 million from $13.3 million in the prior year period, while net income rose 19.9% to $1.9 million. Net income per diluted share decreased 18.9% to $0.43 due to an increase in weighted shares outstanding following a rights offering completed in April 2026. Adjusted EBITDA grew 40.6% to $3.4 million, and backlog increased 37.2% to $84.0 million as of June 30, 2026. The company also announced a strategic investment in Skyline Instruments, LLC. M-tron Industries designs, manufactures, and markets highly engineered frequency and spectrum control products for the aerospace and defense industries.