Welcome to our dedicated page for M Tron Ind news (Ticker: MPTI), a resource for investors and traders seeking the latest updates and insights on M Tron Ind stock.
M-Tron Industries Inc (MPTI) delivers mission-critical frequency control solutions for aerospace, defense systems, and space exploration technologies. This news hub provides authorized updates directly impacting the company's market position and technological advancements.
Investors and industry professionals will find comprehensive coverage of earnings announcements, product certifications, and strategic partnerships. Our curated feed includes regulatory filings, R&D breakthroughs in spectrum control systems, and supply chain developments affecting high-reliability electronics manufacturing.
The repository features three core update types: financial disclosures detailing quarterly performance, engineering milestones in microwave component innovation, and operational updates impacting defense sector deliverables. All content undergoes verification against primary sources including SEC filings and official company communications.
Bookmark this page for structured access to MPTI's evolving role in next-generation avionics, satellite communications, and military-grade electronics. Cross-reference updates with market trends through our integrated analysis tools on Stock Titan.
Mtron (NYSEAM: MPTI) has secured a multi-year production contract worth over $12 million from a major supplier to Boeing and Airbus. The agreement covers more than 45 different products, including RF filters, crystal resonators, and precision clock oscillators.
The contract, extending through mid-2028, supports the recovering avionics industry and aircraft production beyond 2030. Mtron maintains an average of 16 design wins per commercial aircraft, demonstrating its market leadership in avionics components. Production will be carried out at facilities in Orlando, Florida; Yankton, South Dakota; and Noida, India.
Mtron, formerly MtronPTI, announces a brand evolution coinciding with its 60th anniversary in 2025. The company, a leading provider of RF components and solutions, is transforming from a component manufacturer to a comprehensive solutions provider for the aerospace, defense, and space industries.
Founded in 1965, Mtron serves major customers including Lockheed Martin, Raytheon, L3Harris, Northrop Grumman, Collins Aerospace, Honeywell, and Keysight. The company's solutions support critical systems in electronic warfare, radar, avionics, and space applications.
The 60th anniversary celebrations will include:
- Technical symposiums and workshops
- Enhanced industry event presence
- Launch of new product lines
- Community engagement initiatives
M-tron Industries (MPTI) reported strong Q4 and full-year 2024 financial results, marking its third consecutive year of record revenues. Q4 2024 saw revenues increase 18.9% to $12.8M, with gross margin rising to 47.2% and net income per diluted share jumping to $0.73.
For full-year 2024, the company achieved:
- Revenue growth of 19.1% to $49.0M
- Gross margin improvement to 46.2%
- Net income per diluted share increase to $2.65
- Adjusted EBITDA of $11.1M
The Aerospace and Defense sector drove growth with a 40% year-over-year increase. The company ended 2024 with $12.6M in cash and maintained a strong backlog of $47.2M. Additionally, MPTI's Board declared a warrant dividend for stockholders with a record date of March 10, 2025.
M-tron Industries (NYSE American: MPTI) has announced its participation in the upcoming Sidoti Small-Cap Virtual Conference on March 19-20, 2025. Interim CEO Cameron Pforr will lead the company's presentation on March 20 at 10:45 a.m. Eastern Time.
The presentation will highlight Mtron's growing presence in the defense and aerospace sector, specifically focusing on their radio frequency components used in:
- Precision guided munitions
- Radar and electronic warfare systems
- Airframes and drone/UAV applications
- Space and satellite systems
As a U.S.-based manufacturer, Mtron plays a important role in national security by providing RF solutions to the U.S. Department of Defense and allied nations. The company will also host one-on-one meetings with investors during the conference, with free registration available through Sidoti's website.
M-tron Industries (NYSE American: MPTI) has announced a warrant dividend declaration on February 27, 2025. Shareholders of record as of March 10, 2025, will receive one warrant for each common stock share owned. Five warrants will allow holders to purchase one share of common stock at an exercise price of $47.50 per share.
The European-style warrants will be exercisable on either their third anniversary or when the 30-day volume weighted average stock price reaches $52.00 per share. Upon reaching this trigger, holders will have 30 days to exercise their warrants. The warrants are expected to be issued around March 11, 2025, with planned listing on the NYSE American, subject to approval.
M-Tron Industries (NYSE American: MPTI) has announced a proposed warrant dividend for its shareholders. Under the plan, stockholders will receive one warrant for each share owned, with five warrants needed to purchase one common stock share at $47.50.
The warrants will be exercisable until their third anniversary or when the 30-day volume weighted average price (VWAP) reaches $52.00. If the VWAP trigger is activated, holders will have 30 days to exercise their warrants. The company plans to list these warrants on NYSE American and will set a record date for the dividend distribution in the near future.
M-tron Industries (NYSE American: MPTI) has announced the cancellation of its previously announced subscription rights offering. The company, which specializes in designing and manufacturing highly-engineered electronic components for frequency and timing signal control in electronic circuits, made this decision following stakeholder engagement and recent volatility in the common stock price.
As a consequence of this cancellation, no subscription rights or shares of common stock will be distributed through the offering. The company stated it will explore alternative methods to distribute value to shareholders of record.
M-tron Industries (MPTI) has announced preliminary financial results for Q4 and FY2024 that exceeded prior guidance. Q4 2024 revenues are expected between $12.7M-$13.0M, up 17.9-20.7% year-over-year, with gross margin of 46.7-47.7% compared to 43.6% in Q4 2023.
Full year 2024 revenues are projected at $48.9M-$49.2M, representing an 18.8-19.5% increase from 2023, marking three consecutive years of ~20% growth. The company's gross margin improved to 46.0-46.3% in 2024 from 40.7% in 2023, showing a 1,000 basis point increase over three years.
The company plans to modify its previously announced rights offering, with details to be discussed in an upcoming investor call. The call will also cover new strategic initiatives including organic business growth, shareholder value distribution, M&A plans, and a new Connectivity Partnership for defense specialization.
M-tron Industries (NYSE: MPTI) has announced a subscription rights offering to raise approximately $25 million in capital. The company, which manufactures electronic components for frequency control in electronic circuits, will distribute transferable subscription rights to stockholders of record as of March 3, 2025.
Key features of the rights offering include: stockholders will receive one subscription right per share of common stock, with five rights needed to purchase one new share at a yet-to-be-determined strike price. The rights will trade on NYSE American under symbol 'MPTI RT' from March 5 to March 20, 2025, and expire on March 21, 2025. Stockholders will have over-subscription privileges for any unsubscribed shares.
The capital raised will be used for general corporate purposes and to support the company's strategy of pursuing joint ventures and acquisitions to grow EBITDA and expand its product portfolio.
M-tron Industries (MPTI) announces that its year-end results will exceed previous expectations and plans to release preliminary Q4 and full-year 2024 financial results on February 26, 2025. The company will hold an investor call on February 27th to discuss strategic initiatives and future direction.
Key announcements include leadership changes, with CEO Michael Ferrantino Jr. departing and CFO Cameron Pforr assuming the additional role of Interim CEO. The company also announced a rights offering to shareholders of record as of March 3, 2025, where five subscription rights can be exercised to purchase one share of common stock.
As a U.S.-based defense electronics manufacturer, MPTI is positioning itself for growth in electronic warfare, autonomous vehicles, and AI. The company formed a special committee in early 2024 to evaluate strategic alternatives, including potential acquisitions or mergers, and expects to benefit from increased U.S. stockpile replenishment and European defense spending.
