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LGL Group Reports Q3 Revenue of $1.46 Million and $45,000 Net Loss

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The LGL Group (LGL) reported third-quarter 2026 revenue of $1.464 million, up 32.1% from $1.108 million a year earlier. Net loss attributable to LGL Group common stockholders was $45,000, compared with net income of $772,000 in the prior-year quarter.

Electronic Instruments backlog reached $6.463 million at September 30, 2026, while cash, cash equivalents and marketable securities totaled $87.0 million.

  • Q3 net sales were $720,000, compared with $661,000 in Q3 2025.
  • Net investment income was $744,000, compared with $442,000 a year earlier.
  • Gross margin was 31.8%, down from 52.8%.
  • Nine-month revenue totaled $3.702 million, up 25.5% from $2.950 million.
  • The company completed a rights offering in July 2026, generating $41.5 million in net proceeds.

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