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The latest update is out from Solitron Devices ( (SODI) ).
Solitron Devices, Inc. announced fiscal 2025 third quarter bookings at $8 million, a significant increase from $4.8 million during the same period in fiscal 2024. However, despite higher bookings, the company anticipates a decrease in third quarter revenue to $3.4 million, down from $4.1 million, due to a lower backlog and increased rework. The company is focusing on new product development, including silicon carbide prototypes, and remains optimistic about generating additional revenue.
More about Solitron Devices
Solitron Devices, Inc., a Delaware corporation, designs, develops, manufactures, and markets solid state semiconductor components and related devices primarily for the military and aerospace markets. The Company manufactures a large variety of bipolar and metal oxide semiconductor power transistors, power and control hybrids, junction and power MOS field effect transistors, and other related products. Most of the Company’s products are custom made pursuant to contracts with customers whose end products are sold to the United States government.
Average Trading Volume: 1,201
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $33.54M
See more data about SODI stock on TipRanks’ Stock Analysis page.
