LGL Group Inc

The LGL Group, Inc. designs, manufactures, and markets time and frequency instruments in the United States and internationally. It operates in two segments: Electronic Instruments and Merchant Investment. Its products include frequency and time reference standards, RF/digital/optical time code distribution amplifiers, NTP servers, redundancy auto switches, GPS/GNSS frequency and time standards, and time code generators. These products are used in computer networking, satellite ground stations, electric utilities, metrology, broadcasting, and telecommunication systems. The company was formerly known as Lynch Corporation, was founded in 1917, and is based in Orlando, Florida.

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LGL Group reports Q2 GAAP loss of $0.06 per share

The LGL Group reported a second-quarter GAAP loss of $0.06 per share on revenue of $1.15 million, up 25.0% year-over-year. Backlog within the Electronic Instruments segment increased to $3.63 million as of June 30, 2026, from $625,000 as of December 31, 2025. The company received orders totaling $6.0 million from a satellite communications customer through July 31, 2026, of which $3.4 million was already included in backlog as of June 30, 2026. Cash and cash equivalents and marketable securities were $45.2 million as of June 30, 2026, compared to $41.6 million as of December 31, 2025.

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