Recent Updates — SODI

Solitron Devices reported unaudited fiscal 2027 second quarter results showing a turnaround from the prior year's loss. Net sales increased 42% to approximately $5.66 million, compared to $3.99 million in the fiscal 2026 second quarter. The company posted net income of $1.30 million, or $0.60 per share, versus a net loss of $0.23 million, or ($0.11) per share, previously. Net bookings rose 48% to $6.42 million, and backlog grew 29% to a record $24.11 million at quarter-end. The company anticipates sales to remain at this level or greater for the remainder of fiscal 2027. Solitron Devices designs, develops, manufactures, and markets solid state semiconductor components primarily for military and aerospace markets.

Solitron Devices, Inc. issued a press release announcing its unaudited fiscal 2027 first quarter results. Solitron Devices, Inc. is a manufacturer of electronic components for high-reliability applications.