Telinstrument: Tel-Instrument Electronics Corp. Reports Earnings Results for the First Quarter Ended June 30, 2024

Tel-Instrument Electronics Corp. reported earnings results for the first quarter ended June 30, 2024. For the first quarter, the company reported sales was USD 2.84 million compared to USD 2.87 million a year ago. Net income was USD 0.042248 million compared to USD 0.295292 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.06 a year ago.