The LGL Group, Inc. Reports Fourth Quarter 2024 Results
Orlando, Florida--(Newsfile Corp. - April 1, 2025) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") announced today its financial results for the fourth quarter and full fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights Total revenues increased $162,000 to $1,157,000 for the three months ended December 31, 2024 from $995,000 for the three months ended December 31, 2023 Income from continuing operations before income taxes and after...
2025-04-01 8:30 AM EDT
The LGL Group, Inc. Announces Achievement of Adjusted Target Trigger Price; Warrants Now Exercisable
Orlando, Florida--(Newsfile Corp. - March 6, 2025) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") is pleased to announce that the warrants to purchase shares of LGL Group's common stock granted on November 16, 2020 (the "Warrants") are now exercisable through November 16, 2025, the expiration date. According to the warrant agreement: Five (5) warrants to purchase one (1) share of common stock Common stock can be purchased at a strike price of $4.75 per share...
2025-03-06 5:25 PM EST
The LGL Group, Inc. to Acquire 1 Million Shares of Morgan Group Holding Company
Orlando, Florida--(Newsfile Corp. - December 31, 2024) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") today announced that it has entered into a Subscription Agreement for a private placement of 1,000,000 newly issued shares of Morgan Group Holding Company (OTC Pink: MGHL) ("MGHL") common stock, representing a majority stake. At closing, LGL Group will pay MGHL aggregate consideration of $2.27 million, payable in cash (subject to adjustments). MGHL, through...
2024-12-31 5:48 PM EST
The LGL Group, Inc. Reports Third Quarter 2024 Results
Orlando, Florida--(Newsfile Corp. - November 13, 2024) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Total revenues increased $201,000 to $1,179,000 for the three months ended September 30, 2024 from $978,000 for the three months ended September 30, 2023 Income from continuing operations before income taxes and after non-controlling interests decreased...
2024-11-13 4:44 PM EST
The LGL Group, Inc. to Present at Sidoti Virtual Conference on September 18, 2024
Orlando, Florida--(Newsfile Corp. - September 13, 2024) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") announced members of LGL Group management, including Tim Foufas, Co-Chief Executive Officer, will present and host one-one-one meetings with investors at the Sidoti September Virtual Investor Conference, taking place on Wednesday and Thursday, September 18 - 19, 2024, featuring a range of compelling presentations from various small-cap companies. The...
2024-09-13 12:58 PM EDT
The LGL Group, Inc. Reports Second Quarter 2024 Results
Orlando, Florida--(Newsfile Corp. - August 13, 2024) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") announced today its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Total revenues increased $347,000 to $1,068,000 for the three months ended June 30, 2024 from $721,000 for the three months ended June 30, 2023 Income from continuing operations before income taxes and after non-controlling interests increased $345,000 to...
2024-08-13 5:00 PM EDT
The LGL Group, Inc. Reports First Quarter 2024 Results
Orlando, Florida--(Newsfile Corp. - May 15, 2024) - The LGL Group, Inc. (NYSE American: LGL) ("LGL," "LGL Group," or the "Company") announced today its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Total revenues decreased $96,000 to $888,000 for the three months ended March 31, 2024 from $984,000 for the three months ended March 31, 2023 Income from continuing operations before income taxes and after non-controlling interests decreased $193,000 to $57,000...
2024-05-15 6:00 PM EDT
The LGL Group, Inc. Reports Fourth Quarter and Full Fiscal Year 2023 Results
Fourth Quarter 2023 Total revenues increased $417,000 to $995,000 for the three months ended December 31, 2023 from $578,000 for the three months ended December 31, 2022 Income (loss) from continuing operations before income taxes and after non-controlling interests increased $466,000 to $303,000 for the three months ended December 31, 2023 from ($163,000) for the three months ended December 31, 2022 Net income per diluted share remained flat at $0.02 for the three months ended December 31,...
2024-04-01 5:48 PM EDT