Overview
- The company posted Q2 earnings per share of $0.12 and revenue of $22.21 million, reversing a year-earlier loss and showing clear top-line growth.
- Gross profit rose 42.4% to $7.6 million and gross margin expanded to 34.2%, gains the company linked to higher volumes and manufacturing operating leverage.
- Sales order backlog reached $13.3 million at quarter end, up from $10.4 million on Jan. 31 and $7.3 million on Oct. 31, 2025, signaling accelerating near-term demand.
- SG&A expenses increased to $6.3 million in absolute terms but fell to 28.2% of net sales from 32.7%, reflecting operating leverage as revenue grew.
- Investors reacted strongly, with Benzinga Pro reporting shares trading about 50.4% higher at $18.50 after the release, and management offered confidence in sustaining momentum while providing no new formal guidance.