Interlink Electronics Q2 earnings beat estimates by $0.05
Revenue for the quarter exceeded forecasts as the company reported adjusted EPS of $0.32 versus a $0.27 estimate. Shares rose in after-hours trading.
Interlink Electronics Inc. reported second-quarter earnings that surpassed analyst expectations, with adjusted earnings per share of $0.32, beating the consensus estimate of $0.27 by $0.05. Revenue for the period also topped projections, totaling $34.2 million compared with the estimated $32.8 million.
The company, which designs and manufactures human-machine interface solutions, attributed the outperformance to strong demand in its core markets, including automotive and industrial applications. Gross margin expanded to 41.5% from 40.2% in the same period last year, reflecting improved operational efficiency.
Interlink Electronics did not provide forward guidance in its earnings release. Analysts had expected revenue of $32.8 million and adjusted EPS of $0.27 for the quarter, according to Refinitiv data.
Shares of Interlink Electronics rose 3.2% in after-hours trading following the results.
Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.
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