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.
Interlink Electronics Inc. (LINK) delivers cutting-edge sensor solutions and printed electronics for industries ranging from automotive systems to environmental monitoring. This news hub provides investors and professionals with timely updates on the company developments shaping human-machine interface technologies and IoT innovation.
Access official press releases, financial disclosures, and strategic partnership announcements in one centralized location. Track updates across key areas including force-sensing resistor advancements, gas detection systems, and custom printed electronics solutions designed for mission-critical applications.
The repository features essential updates such as quarterly earnings reports, product launch details, manufacturing expansions, and R&D milestones. Content is curated to support informed analysis of the company’s position in sensor technology markets while adhering to financial compliance standards.
Bookmark this page for streamlined access to verified information about Interlink Electronics’ operational developments, leadership changes, and technology licensing agreements. Check regularly for insights into how the company’s innovations in materials science and embedded systems continue to impact global industries.
Interlink Electronics (Nasdaq: LINK) has appointed Professor Graham Wren as a director of its UK subsidiary, adding to his role as a strategic technical adviser since 2021. Wren, based in Glasgow, Scotland, has led diverse projects and raised over $2 billion through industry-focused research centers. Interlink aims to expand its technological capabilities following recent acquisitions of SPEC Sensors and KWJ Engineering in December 2022, and Calman Technology in March 2023. These acquisitions enhance their product portfolio, especially in gas sensing technology and membrane switches, positioning Interlink for new opportunities in various markets.
Interlink Electronics, Inc. (Nasdaq: LINK) has acquired Calman Technology Limited for approximately $5.0 million. Based in Glasgow, Scotland, Calman specializes in membrane keypads and printed electronics, boasting a reported $3.1 million in revenue for the 12 months ending September 30, 2022. This acquisition is part of Interlink's strategy to enhance its sensor portfolio, increasing its estimated annual revenue run rate to $14 million from $7.5 million in 2022. The CEO emphasized the strategic importance of this move for expanding capabilities in Europe and enhancing product offerings.
Interlink Electronics (NASDAQ: LINK) reported a $2.45 million gain from a $6 million passive investment in public equity securities, yielding over 40%. This profit offsets a preliminary operating loss of $700,000 on revenue of approximately $7.5 million for the fiscal year ending December 31, 2022. The company plans to invest in executive talent and acquisitions, including KWJ Engineering and SPEC Sensors, to enhance growth and profitability. CEO Steven N. Bronson highlighted that these investments are crucial to the company's strategic goals.
Interlink Electronics, Inc. (Nasdaq: LINK) has acquired SPEC Sensors and KWJ Engineering for approximately $2 million. This strategic acquisition aims to enhance Interlink's sensor capabilities and broaden its product offerings. SPEC/KWJ, with a revenue of over $4 million for the trailing twelve months, brings valuable intellectual property and engineering talent to the company. Chairman and CEO Steven N. Bronson emphasized the acquisition's significance in advancing Interlink's resources and establishing a stronger presence in Silicon Valley.
Interlink Electronics reported Q3 2022 financial results showing a revenue decline of 16.7% year-over-year, totaling $1,851 thousand, while year-to-date revenue increased by 1% to $5,882 thousand. The gross profit fell by 32.5% in Q3, resulting in a gross margin drop to 47.1%. Q3 net income was $6 thousand, down from $223 thousand a year prior. Loss from operations was $190 thousand versus a gain of $259 thousand in Q3 2021. The company has increased investments in executive talent, positioning for long-term growth despite short-term earnings impacts.
Interlink Electronics (Nasdaq: LINK) announced the appointment of Peter Roussak as Vice President and General Counsel on September 19, 2022. Roussak brings over 40 years of legal and financial experience, having served as general counsel for various firms, including a merchant banking company in Latin America. His role will involve overseeing legal matters and supporting mergers, acquisitions, and strategic partnerships, which are crucial for the company's growth. CEO Steven Bronson expressed confidence that Roussak's expertise will enhance Interlink's management team and contribute to driving shareholder value.
Interlink Electronics reported Q2 2022 revenue of $2.0 million, a 1% decrease from Q2 2021, but an 11% increase year-to-date to $4.0 million. The gross profit fell 15.5% to $952K, with a gross margin of 46.7%. Operating loss reached $151K, contrasting with a profit of $133K last year. Despite this, net income rose to $112K, boosted by unrealized gains of $225K on marketable securities. The company maintains a cash position of $4.4 million and expresses confidence in revenue growth for 2022, driven by demand in industrial and medical sectors.
Interlink Electronics (NASDAQ: LINK) announces significant advancements in its technology applications. Key updates include the successful integration of FSR technology in automotive solutions, collaboration on a second-generation sensor for medical equipment, and the development of sensors for an infusion medical device. Notably, the company secured over $400,000 in mass production orders for VR hardware, with shipments expected soon. CEO Steven N. Bronson stated that these milestones underscore the firm's growth momentum and indicated plans for launching a new Piezoelectric sensor line in Q4 2022.
Interlink Electronics, Inc. (NASDAQ: LINK) announced that CEO Steven N. Bronson will present at the 12th Annual LD Micro Invitational Conference on June 8, 2022, at 12:00 PM PT. The event will take place at the Four Seasons Hotel in Westlake Village, CA, where Bronson will also meet with investors. Interested parties can register to view the presentation online. Interlink Electronics is recognized as a leading technology partner in printed electronics and sensor technology, focusing on expanding into new markets and diversifying its product line.
Interlink Electronics reported a strong financial performance for Q1 2022, with revenue reaching $2.0 million, marking a 27% increase year-over-year and a 23% increase from the previous quarter. Gross margin improved to 62.3%, up from 55.7% in the same period last year, driven by sales volume and production efficiencies. The company achieved a net income of $142,000, a significant recovery from a loss of $43,000 a year ago. Interlink continues to enhance its market presence, specifically in the medical sector, while managing increased operating expenses.
