A director at Lgl Group Inc sold 4,000 shares at 9.350USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sho...
ORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE AMEX:LGL) (the “Company” or “LGL”) announced today that its registration statement, concerning its previously announced rights offering to stockholders, was made effective by the Securities and Exchange Commission (“SEC”) on September 5, 2017. Under the terms of the rights offering, LGL will distribute, at no charge, to the holders of its common stock, par value $0.01 per share (“Common Stock”), as of 5:00 p.m., Eastern Time, on September 5, 2017, three transfe...
ORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE American:LGL) (the “Company” or “LGL”) announced today that the Company has set the close of trading on the New York Stock Exchange on September 5, 2017 as the record date for its previously announced rights offering of common stock. The Company also set the purchase price for the Common Stock offered pursuant to the rights offering at $5.50 per share. The Company previously filed with the Securities and Exchange Commission a registration statement with respect to the...
ORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE American: LGL) (the “Company” or “LGL”), announced results for the three and six months ended June 30, 2017. Summary of Q2 2017 Financial Results: Revenues of $5.9 million, up 12.0% compared to Q2 2016 Net income of $0.01 per share, consistent with Q2 2016 Order backlog improved 12.3% to $10.9 million, compared to $9.7 million at June 30, 2016 Adjusted EBITDA(1) was $0.09 per share, compared to $0.08 ...
ORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE MKT:LGL) (the “Company” or “LGL”) announced today that it filed a registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”) for a rights offering in which stockholders will receive transferable rights to purchase additional shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), at a price to be determined at the time the offering commences. All stockholders as of a record date, which has yet to be determined, will...
ORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE MKT: LGL) (the “Company” or “LGL”), announced results for the quarter ended March 31, 2017. Summary of Q1 2017 Financial Results: Revenues of $5.6 million, up 18.3% compared to Q1 2016 Net income of $0.04 per share compared to a net loss of ($0.05) per share in Q1 2016 Order backlog improved 21% to $10.9 million at March 31, 2017 from $9.0 million at March 31, 2016 Adjusted EBITDA(1) was $0.12 p...
ORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE MKT:LGL) (the “Company” or “LGL”), announced results for the full year and quarter ended December 31, 2016. Summary of 2016 Full-Year Financial Results: Revenues of $20.9 million, up 0.9% compared to 2015 Net income of $0.06 per share compared to a net loss of ($0.27) per share in 2015 Order backlog improved 19.9% to $10.5 million at December 31, 2016 from $8.8 million at December 31, 2015 Adjus...
ORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE MKT: LGL) (the “Company”), announced results for the three and nine months ended September 30, 2016. Summary of Q3 2016 Results: Revenues of $5.1 million, up 6.9% compared to Q3 2015 Net income of $0.01 per share compared to a net loss of ($0.07) per share in Q3 2015 Order backlog improved 13.8% to $11.0 million at September 30, 2016 from $9.7 million at June 30, 2016 Adjusted EBITDA was $0.06 p...
ORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE MKT:LGL) (the “Company” or “LGL”) today announced the appointment of Robert Mamazza, Ph.D. to President and CEO of the Company’s primary subsidiary, M-tron Industries, Inc. (“MtronPTI”). Effective, October 1, 2016, Dr. Mamazza will be replacing Michael J. Ferrantino, Sr., who will be stepping aside as CEO of MtronPTI, but will continue as Chairman and CEO of LGL. Mr. Ferrantino stated, “Now, with both of our key subsidiaries, MtronPTI and Precise Time and Frequency, L...
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