Tel-Instrument Electronics (OTCMKTS:TIKK) Announces Quarterly Earnings Results

Tel-Instrument Electronics (OTCMKTS:TIKK – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported ($1.16) earnings per share for the quarter, Zacks reports. The business had revenue of $1.70 million for the quarter.

Tel-Instrument Electronics Price Performance

OTCMKTS:TIKK opened at $1.30 on Wednesday. Tel-Instrument Electronics has a 52 week low of $0.75 and a 52 week high of $6.51. The stock’s fifty day moving average is $1.45 and its two-hundred day moving average is $1.78. The stock has a market capitalization of $4.39 million, a price-to-earnings ratio of -3.33 and a beta of 1.21.

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Tel-Instrument Electronics Company Profile

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Tel-Instrument Electronics Corp. engages in designing, manufacturing, and sales of avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates through two segments, Avionics Government and Avionics Commercial. The company provides instruments to test, measure, calibrate, and repair a range of airborne navigation and communication equipment. The company offers TS-4530A and T-4530i, an identification friend or foe test sets; T-47/M5, a dual crypto test set; TR-420, T-47NH, and T-47G, a multifunction ramp test set; TR-100AF taccan test test; AN/USM-708 and AN/USM-719 communications/navigation radio frequency avionics flight line testers; SDR/OMNI, an avionics test set; and lockheed martin MADL test set, a secure communications radio for the F-35.

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