LGL Group (LGL) Announces Quarterly Earnings Results

LGL Group (NYSEAMERICAN:LGL) released its quarterly earnings data on Wednesday. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, Morningstar.com reports. The firm had revenue of $6.63 million for the quarter.

LGL Group stock opened at $8.72 on Friday. LGL Group has a 12-month low of $5.10 and a 12-month high of $8.85.

An institutional investor recently raised its position in LGL Group stock. Renaissance Technologies LLC boosted its stake in shares of LGL Group Inc (NYSEAMERICAN:LGL) by 40.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 183,203 shares of the industrial products company’s stock after buying an additional 52,805 shares during the quarter. Renaissance Technologies LLC owned 3.80% of LGL Group worth $1,301,000 as of its most recent SEC filing.

Separately, TheStreet upgraded shares of LGL Group from a “c+” rating to a “b-” rating in a research report on Thursday, January 31st.

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LGL Group Company Profile

The LGL Group, Inc, together with its subsidiaries, engages in the design, manufacture, and marketing of standard and custom-engineered electronic components in the United States and internationally. The company operates in two segments, Electronic Components and Electronic Instruments. The Electronic Components segment offers packaged quartz crystals, oscillator modules, electronic filters, and integrated modules that are used primarily to control the frequency or timing of signals in electronic circuits.

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Earnings History for LGL Group (NYSEAMERICAN:LGL)

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