Welcome to our dedicated page for Interlink Electrs news (Ticker: LINK), a resource for investors and traders seeking the latest updates and insights on Interlink Electrs stock.
News and updates for Interlink Electronics, Inc. (Nasdaq: LINK) focus on its activities as a sensor technology and printed electronics company. Investors following LINK news can see announcements about financial results, grants, capital structure changes, acquisitions, and strategic hires that relate directly to its force/touch sensing and gas and environmental sensing businesses.
Interlink regularly issues earnings releases that discuss revenue trends, gross margin, operating results, and non-GAAP measures such as Adjusted EBITDA. These releases often highlight demand across its core sensor and printed electronics platforms, as well as developments at subsidiaries such as Calman Technology. News items also cover government SBIR grants from agencies like the FDA and USDA that support electrochemical sensor development and AI-powered food quality and safety monitoring systems.
Corporate news for LINK includes information on capital structure actions, such as the conversion of Series A Convertible Preferred Stock into common stock and the declaration of a 50% common stock dividend. The company also reports on letters of intent for potential acquisitions, particularly in the U.K., and participation in investor conferences such as the LD Micro Main Event, where management presents strategic growth initiatives and recent milestones.
Personnel and business development updates, including the appointment of regional business development leaders in North America and Europe, provide additional context on Interlink’s organic growth strategy. For a consolidated view of these developments, the Interlink Electronics news page offers a chronological feed of press releases and related coverage that can help readers track how the company’s sensor and printed electronics business is evolving over time.
Interlink Electronics, Inc. (Nasdaq: LINK) has announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference, scheduled for September 9-11, 2024. The event will be held both in-person at the Lotte New York Palace Hotel in New York City and virtually, featuring over 550 company presentations. Steven Bronson, CEO of Interlink, will provide an overview of the company's business during a presentation on September 10, 2024, at 12:30pm EDT. The presentation will be available on-demand starting September 9 at 7:00 A.M. (ET). Institutional investors interested in attending can register through the provided link.
Interlink Electronics, Inc. (Nasdaq: LINK), a leading provider of sensors and printed electronic solutions, is set to present at the 2024 Annual Gateway Conference in San Francisco. The company's management team will deliver a presentation on September 4th at 12:00pm PT, which will be webcast live and available for replay. This event offers Interlink an opportunity to showcase its expertise in Human-Machine Interface devices and Internet-of-Things solutions.
In addition to the presentation, Interlink executives will be available for one-on-one meetings throughout the conference, providing investors with direct access to company leadership. Interested parties can request an invitation or schedule a meeting by emailing conference@gateway-grp.com. This participation underscores Interlink's commitment to investor relations and market visibility.
Interlink Electronics (Nasdaq: LINK) announced a 28% drop in Q2 2024 revenue to $2.9 million, largely due to lower shipments of traditional force-sensor and gas-sensor products. Revenue for the first half of 2024 decreased 18% to $6.0 million compared to H1 2023. Gross margin fell to 45.0% from 50.9% in Q2 2023, influenced by product mix changes. Net income/loss shifted to a loss of $307,000 compared to a net income of $381,000 in Q2 2023. Adjusted EBITDA dropped to ($80,000) from $579,000 in Q2 2023. Cost reduction initiatives aim for annual savings over $500,000 through workforce right-sizing and supplier changes. The company is expanding its operations, launching a new R&D center in Silicon Valley and planning a European sales office. Despite a slowdown in demand, the CEO emphasized ongoing strategic growth initiatives.
Interlink Electronics (NASDAQ: LINK) has announced the launch of new electrochemical gas sensors aimed at Outdoor Air Quality (OAQ) monitoring. These sensors, targeting key gases such as Nitrogen Dioxide, Carbon Monoxide, Sulphur Dioxide, and Ozone, will be showcased at the Sensors Converge Conference in Santa Clara on June 25-26. Designed to address air quality issues caused by wildfires, these sensors are noted for their ultra-low power operation, small size, and easy deployability. CEO Steven N. Bronson highlighted that this development is part of an SBIR R&D award from the US NOAA agency and aligns with the company’s commitment to environmental safety.
Interlink Electronics, Inc. (Nasdaq: LINK) reported financial results for Q1 2024, with revenue at $3.1 million, down 5% from the prior year due to lower shipments of traditional force-sensor and gas-sensor products. Gross margin decreased to 40.1% from 48.4% in the prior year. Net loss was $741,000 compared to $191,000 last year. The company is focusing on investments to support future growth.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of Interlink Electrs (LINK)?
What is the market cap of Interlink Electrs (LINK)?
