Latest news with #MPTI
Yahoo
14-05-2025
- Business
- Yahoo
M-tron's Q1 Earnings Miss Estimates, Margins Decline Y/Y, Stock Down
M-tron Industries, Inc. MPTI reported first quarter of 2025 results, wherein both adjusted earnings and revenues missed the Zacks Consensus the results, the company's shares declined 7.8% in yesterday's after-hours trading both metrics increased on a year-over-year basis. This uptick was driven by stable demand across the existing portfolio and new product launches. The company also saw a notable rise in backlog during the period. Going forward, MPTI aims to enhance its product line to support long-term growth and maintain market position. M-tron Industries reported adjusted earnings per share (EPS) of 56 cents, which missed the consensus estimate of 66 cents by 15.2%. However, the figure increased 5.7% from 53 cents per share reported in the year-ago revenues of $12.7 million missed the consensus mark of $13.2 million by 2.1%. However, the reported figure increased 13.8% from the year-ago quarter's $11.2 million. This upside was backed by continued strong defense program product shipments. M-tron Industries, Inc. price-consensus-eps-surprise-chart | M-tron Industries, Inc. Quote As of March 31, 2025, the total backlog was $55.5 million compared with $47.2 million at 2024-end and $46.1 million a year ago. This growth was driven by several large orders received and the continued broad demand for its products. Gross margin was 42.5%, down 20 basis points (bps) from 42.7% a year ago. This decrease was due to higher manufacturing costs linked to the early production of new products. The company also faced a negative impact from newly imposed federal tariffs on imported materials and partially finished EBITDA was $2.5 million, which increased 10.6% from $2.3 million reported in the year-ago quarter. Adjusted EBITDA margin was down 50 bps year over year to 19.7%. As of March 31, 2025, M-tron Industries had cash and cash equivalents of $13.7 million compared with $12.6 million at the end of 2024. Inventories were $9.4 million compared with $9.5 million at 2024-end. M-tron Industries currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks Corporation FLR reported mixed first-quarter 2025 results with adjusted earnings beating the Zacks Consensus Estimate while revenues missed the same. On a year-over-year basis, the top and bottom lines quarter's result reflects increased execution activities on several large projects in the company's Urban Solutions segment, partially offset by soft contributions from the Energy and Mission Solutions Services Inc. PWR reported solid results for the first quarter of 2025, wherein both adjusted earnings and revenues beat the Zacks Consensus Estimate. Both top and bottom lines grew year over double-digit growth in revenues, adjusted EBITDA and adjusted EPS was supported by improved profitability across both the Electric Infrastructure Solutions and Underground and Infrastructure Solutions segments. The company also raised its full-year 2025 guidance for revenues, adjusted EBITDA and adjusted Inc. KBR reported first-quarter 2025 results, wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same. However, both top and bottom lines increased on a year-over-year company kicked off the year with a solid first-quarter performance, posting year-over-year growth in revenues, margins, earnings and cash flow. KBR attributed these gains to strong execution across key projects and effective internal management strategies. Moreover, the company reported healthy bidding activity and continued success in securing strategic new contracts, signaling steady operational momentum. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Quanta Services, Inc. (PWR) : Free Stock Analysis Report Fluor Corporation (FLR) : Free Stock Analysis Report KBR, Inc. (KBR) : Free Stock Analysis Report M-tron Industries, Inc. (MPTI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
The Sun
12-05-2025
- The Sun
Watchmaker blacklisted after smashing MPTI glass doors
TELUK INTAN: A watchmaker in a mall outlet in Jalan Bandar here, who ran amok by breaking the glass door entrance of the Teluk Intan Municipal Council (MPTI) building last week, has been blacklisted from further rental. Perak executive councillor of Human Resources, Health, Indian Community Affairs and National Integration A. Sivanesan said MPTI has given the 63-year-old man a month's notice to vacate his shop. 'His action (going on a rampage and damaging public property at the MPTI building) is unacceptable and we (the state) cannot tolerate the matter. He will be blacklisted by MPTI and will not be able to rent any stall or shop here in future. 'Also, he has not paid rent for two months, which is only RM150 per month. This serves as a lesson for him and other tenants, not to take the law into their own hands,' he said. Sivanesan made these remarks during a visit to the Chithirai Pournami festival at the Sri Subramaniam Temple which was attended by some 20,000 Hindu devotees on Jalan Bandar here today. On Thursday, Hilir Perak police chief ACP Dr Bakri Zainal Abidin said the watchmaker arrived at the MPTI building on a motorcycle and proceeded to smash both of the building's main glass doors with a sledgehammer. Bakri stated that in his testimony, the man defended his misdemeanour due to dissatisfaction with MPTI's decision to set up tents in front of his shop during the annual Chitra (or Chithirai) Pournami festival, as they obstructed customers' view of his watch repair shop. Earlier, a one-minute 30-second viral video showed a man astride a motorcycle descending on the MPTI building to smash the glass doors in a rage.
The Sun
12-05-2025
- Business
- The Sun
Chithirai Pournami draws 20,000; vendor booth rental reduced
TELUK INTAN: The Perak government has offered a RM400 reduction in business site rental fees to vendors during the Chithirai Pournami festival held in Teluk Intan. State Human Resources, Health, Indian Community Affairs and National Integration Committee chairman A. Sivanesa said that a total of 114 booths have been provided by the Teluk Intan Municipal Council (MPTI) with a rental fee of RM2,500 for the 10 days of business activities during the celebration period, which runs from May 9 to 18. 'If last year, the MPTI charged a rental rate of RM2,900 throughout Chithirai Pournami festival and received complaints from traders who claimed the rate was too high, then this year the state government decided to provide a reduction of RM400 in rental rates. 'The Chithirai Pournami festival is a celebration that has been held for three days since yesterday on a grand scale in Teluk Intan because it is the most popular festival. The MPTI and other stakeholders made thorough and appropriate preparations so that Hindu devotees could celebrate it without any issues,' he said. Sivanesan said this when met by reporters while surveying the Chithirai Pournami celebration around the Sri Thendayuthapani Temple on Jalan Bandar here today. There was excitement in the air as about 20,000 Hindu devotees flooded the 150-year-old temple since 4 am today to fulfill their vows, starting with the 'paal koodam' ceremony or carrying pots containing milk, followed by prayer rituals, carrying kavadis and breaking of coconuts. Chithirai Pournami refers to the full moon that falls in the first month of the Tamil calendar known as Chithirai, and it is one of the important festivals for Hindus in Malaysia. According to Hindu religious beliefs, the yearly celebration is held to commemorate the birth of Chitragupta, the divine keeper of deeds, who was born during a full moon.
Malay Mail
12-05-2025
- Malay Mail
No more rentals: Trader lands on Teluk Intan council blacklist after sledgehammer stunt over blocked shopfront
TELUK INTAN, May 12 — A watchmaker in a mall outlet in Jalan Bandar here, who ran amok by breaking the glass door entrance of the Teluk Intan Municipal Council (MPTI) building last week, has been blacklisted from further rental. Perak executive councillor of Human Resources, Health, Indian Community Affairs and National Integration A. Sivanesan said MPTI has given the 63-year-old man a month's notice to vacate his shop. 'His action (going on a rampage and damaging public property at the MPTI building) is unacceptable and we (the state) cannot tolerate the matter. He will be blacklisted by MPTI and will not be able to rent any stall or shop here in future. 'Also, he has not paid rent for two months, which is only RM150 per month. This serves as a lesson for him and other tenants, not to take the law into their own hands,' he said. Sivanesan made these remarks during a visit to the Chithirai Pournami festival at the Sri Subramaniam Temple which was attended by some 20,000 Hindu devotees on Jalan Bandar here today. On Thursday, Hilir Perak police chief ACP Dr Bakri Zainal Abidin said the watchmaker arrived at the MPTI building on a motorcycle and proceeded to smash both of the building's main glass doors with a sledgehammer. Bakri stated that in his testimony, the man defended his misdemeanour due to dissatisfaction with MPTI's decision to set up tents in front of his shop during the annual Chitra (or Chithirai) Pournami festival, as they obstructed customers' view of his watch repair shop. Earlier, a one-minute 30-second viral video showed a man astride a motorcycle descending on the MPTI building to smash the glass doors in a rage. — Bernama
The Sun
09-05-2025
- The Sun
Man arrested for smashing Teluk Intan council doors
IPOH: A man has been arrested for allegedly smashing the glass doors at the main entrance of the Teluk Intan Municipal Council (MPTI) building on Thursday (May 8) morning. Hilir Perak district police chief ACP Dr Bakri Zainal Abidin said the 63-year-old suspect was arrested after a complaint was lodged at 10.35 am over a man behaving aggressively and damaging public property at the building. 'Investigations found that the suspect arrived at the scene on a motorcycle, parked in front of the MPTI building, and then took a sledgehammer to break the glass doors. 'After the incident, the suspect tried to leave the scene and head to his shop in Jalan Bandar, Teluk Intan, but was apprehended and handed over to the police,' he said in a statement on Thursday. Bakri said that the suspect's aggressive actions were believed to have stemmed from his dissatisfaction with the MPTI for setting up a tent in front of his watch repair shop during the annual Chitra Pournami celebration, as it blocked his customers' view of the premises. He said the suspect also claimed he had lodged several complaints with the MPTI, but no action was taken, prompting him to act in such a manner. Bakri said the police also seized a sledgehammer believed to have been used by the suspect during the incident, and a remand application would be filed tomorrow to assist investigations under Section 427 of the Penal Code. Earlier, a video lasting 1 minute and 30 seconds showing a man acting aggressively by smashing the glass doors of the MPTI building after arriving on a motorcycle went viral on social media.
