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) reported a 9% increase in annual revenue to $7.5 million for 2021, with Q4 revenue at $1.6 million, down 17% year-over-year. The year-end gross profit rose to $4.1 million, reflecting a 4% increase. However, net loss in Q4 was $977,000, equating to a loss per share of $0.16. The company raised $5 million from a preferred stock offering, aimed at working capital and potential acquisitions. Despite challenges, Interlink expresses optimism for 2022, forecasting quarterly revenue over $2 million.
Interlink Electronics (NASDAQ: LINK) announced that CEO Steven N. Bronson will present at the 2022 Virtual Growth Conference from March 28-30, 2022, hosted by Maxim Group LLC and M-Vest. The event will feature various sectors, including Biotech, Clean Energy, and Technology. Attendees can participate in live presentations, Q&A sessions, and discussions with industry leaders. To access the conference, individuals must sign up for M-Vest membership. Interlink, a leader in printed electronics and sensor technology, continues to innovate and expand its market presence.
Interlink Electronics (NASDAQ: LINK) announced its participation in the Alliance Global Partners Virtual Emerging Growth Technology Conference on February 2, 2022. CEO Steven N. Bronson will engage in one-on-one meetings to discuss the company's growth strategy and market expansion plans. Interlink Electronics is recognized for its innovative sensing and HMI solutions. The company is actively investing in R&D and pursuing acquisitions across several sectors, including Sensors and Test & Measurement.
Interlink Electronics (NASDAQ: LINK) has successfully closed its second and final private placement of 8.0% Series A Convertible Preferred Stock, raising a total of $2.0 million. The company sold 80,000 shares at $25.00 each, following an earlier placement of $3.0 million in October 2021. The shares are convertible into common stock at $12.50 per share, with mandatory conversion contingent on the common stock exceeding $15.00 for a specified period. Net proceeds will support working capital and potential acquisitions.
Interlink Electronics reported a strong financial performance for Q3 2021, with revenue reaching $2.2 million, a 44% increase from Q3 2020. Year-to-date revenue rose 18.5% to $5.9 million, driven by heightened demand in industrial and medical sectors. Gross margin improved to 58.1%, up from 52.4% a year earlier. The company achieved an operating income of $259,000 compared to a loss of $79,000 in 2020. Net income also increased to $223,000, or $0.03 per diluted share, reflecting positive growth dynamics and a commitment to acquisitions.
Interlink Electronics closed a private placement of its newly created 8.0% Series A Convertible Preferred Stock, raising $3.0 million by selling 120,000 shares at $25.00 each. The preferred stock is convertible at $12.50 per share, with mandatory conversion if the common stock price exceeds $15.00 for 20 out of 30 trading days. Net proceeds after expenses are approximately $2.82 million, earmarked for working capital and potential acquisitions. The offering closed on October 22, 2021, with additional sales anticipated in November 2021.
Interlink Electronics, Inc. (NASDAQ: LINK) reported preliminary financial results for Q3 2021, showcasing a significant 44% revenue increase year-over-year to $2.2 million, with an 8% sequential growth from Q2 2021. The gross margin was recorded at 58%, resulting in a pre-tax income of $0.3 million. The company is optimistic about future growth, focusing on expanding its sales pipeline and pursuing acquisition opportunities to diversify its customer base.
On Sept. 23, 2021, Interlink Electronics (NASDAQ: LINK) announced the establishment of an advanced engineering team in Glasgow, Scotland, to enhance its European presence. The new multidisciplinary team will start with five engineers, with plans for future expansion. Interlink is also forming a U.K. entity, Interlink Electronics Limited, with support from Scottish Enterprise. CEO Steven N. Bronson emphasized the importance of accessing engineering talent and capitalizing on the growing European market. Recent expansions include a new R&D center in Camarillo, California, bolstering the company's global growth strategy.
Interlink Electronics (NASDAQ: LINK) reported a net revenue of $2.1 million for Q2 2021, marking a 21% year-over-year increase and a 32% sequential growth from Q1. Gross margin fell to 54.6% from 58.6% year-over-year due to product mix and rising production costs. Operating income improved to $133,000, up from $41,000 in 2020. Net income rose to $63,000 or $0.01 per diluted share, compared to $13,000 the prior year. The company maintained a strong cash position of $6.2 million and aims to enhance growth through acquisitions.
BKF Capital Group, Inc. (OTC: BKFG) announced that its subsidiary, Bronson Financial LLC, has become a FINRA member, enabling it to operate as an investment banking firm. Bronson Financial will focus on providing investment banking services to emerging growth and middle-market companies, including M&A advisory, capital raising, fairness opinions, and valuations. Led by founder Steven N. Bronson, with nearly 40 years in business, the firm aims to treat clients as partners. BKF Asset Holdings, the parent company, invests in notable firms like Interlink Electronics (NASDAQ: LINK) and Qualstar (OTC: QBAK).
