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Giga tronics Inc  (GIGA)
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Price: $0.1150 $0.00 4.167%
Day's High: $0.115 Week Perf: 14.77 %
Day's Low: $ 0.12 30 Day Perf: 32.18 %
Volume (M): 0 52 Wk High: $ 0.89
Volume (M$): $ 0 52 Wk Avg: $0.28
Open: $0.12 52 Wk Low: $0.06



 Market Capitalization (Millions $) 1
 Shares Outstanding (Millions) 6
 Employees -
 Revenues (TTM) (Millions $) 46
 Net Income (TTM) (Millions $) -22
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Giga Tronics Inc
Giga-tronics Inc. is a leading provider of test and measurement equipment for the communications and defense industries. The company designs and manufactures signal generation and analysis solutions that enable accurate and reliable testing of wireless communication systems. These solutions include microwave instruments, signal generators, and power meters.

Giga-tronics Inc. has a strong reputation for its innovative technology and high-quality products. Its customers range from wireless device manufacturers to military contractors, who rely on Giga-tronics' equipment to ensure the proper functioning of their communication systems. The company also offers calibration and repair services to maintain the performance of its products.

As a publicly traded company, Giga-tronics Inc. focuses on delivering value to its shareholders while maintaining long-term customer relationships. It actively invests in research and development to stay at the forefront of technological advancements, and it continues to expand its product portfolio to meet the evolving needs of its target markets.


   Company Address: 7272 E. Indian School Rd Scottsdale 85251 AZ
   Company Phone Number: 457-6667   Stock Exchange / Ticker: GIGA
   GIGA is expected to report next financial results on May 10, 2024.


   

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Giga Tronics Inc

Giga Tronics Inc Achieves Impressive Revenue Surge, But Profitability Remains Elusive in July-September 2023 Financial Period

he stock market can be an unpredictable landscape, with companies constantly facing challenges and changing market conditions. In this article, we will delve into the recent fiscal period performance of Giga Tronics Inc (GIGA) and highlight some intriguing facts about its behavior and financial numbers. Despite the company's losses, Giga Tronics Inc has managed to achieve significant revenue growth, outperforming its competitors in the Electronic Instruments & Controls industry.
Impressive Revenue Surge Amid Industry Decline:
In the most recent fiscal period, Giga Tronics Inc experienced a notable surge in revenue, witnessing an impressive 29.809% increase to $10.10 million. This growth is particularly noteworthy when compared to the rest of the Electronic Instruments & Controls industry, which reported a decline of -2.24% in revenue for the same reporting season last year.

Giga Tronics Inc

Unprecedented Rise in First Quarter Losses for Giga Tronics Inc. in 2023 Exceeds Last Year's for the Electronic Instruments & Controls Giant


Introduction:
Giga Tronics Inc, a renowned player in the technology sector, has recently announced its financial results for the fiscal first quarter of 2023. While the company showcased a remarkable revenue growth of 507.451% year on year, reaching $8.72 million, its losses witnessed a significant widening with $-0.42. This article delves into the interesting facts surrounding Giga Tronics Inc's financial performance, highlighting both the positive and negative aspects. Additionally, we will explore the company's future outlook and the key dates to watch out for in the stock market.
Solid Revenue Growth:
One of the standout aspects of Giga Tronics Inc's financial report is the impressive revenue growth. Comparing the figures to the preceding financial reporting period, the company experienced a substantial slump of 53.021% in revenue, reaching $18.57 million. However, in the fiscal first quarter of 2023, the company's revenue has skyrocketed to $8.72 million. This surge indicates a positive trend and suggests that Giga Tronics Inc has successfully managed to regain its footing after the previous slump.






 

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