Interlink Electronics, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 04:01 pm EST
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Interlink Electronics, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 3.08 million compared to USD 1.85 million a year ago. Net loss was USD 0.125 million compared to net income of USD 0.006 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.0067 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to USD 0.0067 a year ago.
For the nine months, sales was USD 10.4 million compared to USD 5.88 million a year ago. Net income was USD 0.065 million compared to USD 0.26 million a year ago. Basic loss per share from continuing operations was USD 0.0267 compared to USD 0.0067 a year ago. Diluted loss per share from continuing operations was USD 0.0267 compared to USD 0.0067 a year ago.
Interlink Electronics, Inc. is a global sensor and printed electronics company that operates in two sensor technology divisions: force/touch sensors and environmental sensors. The Company designs, develops, manufactures and sells a range of force-sensing technologies that incorporate its materials technology, firmware and software into a portfolio of standard products and custom solutions. Its Human-Machine Interface (HMI) technology platforms are deployed in a range of markets, including consumer electronics, automotive, industrial and medical. The application of its HMI technology platforms includes vehicle entry, vehicle multi-media control interface, rugged touch controls, presence detection, collision detection, speed and torque controls, pressure mapping, biological monitoring and others. The Companyâs gas-sensing technologies division offers electrochemical gas-sensing technology products and solutions for industry, community, health and home settings.