Investor Relations
Q1 FY 23 Press Release
Tel-Instrument Electronics Corp. Reports Financial Results for First Quarter
FY 2023 and Receipt of Navy Upgrade Contract for the CRAFT Test Set
East Rutherford, NJ – August 15, 2022 – Tel-Instrument Electronics Corp. (“Tel-Instrument,” “TIC,” or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported a net loss of $233K or ($0.10) per basic and diluted share on revenues of $2.3 million for the first quarter of 2023 fiscal year, ended June 30, 2022. TIC also reported the receipt of a contract this week from the U.S. Navy to upgrade fielded CRAFT test sets to remove product obsolescence and add new capabilities. This contract includes $2.9 million of non-recurring engineering (“NRE”) and provision for the upgrade of fielded Navy CRAFT test sets.
FY 2023 and Receipt of Navy Upgrade Contract for the CRAFT Test Set
East Rutherford, NJ – August 15, 2022 – Tel-Instrument Electronics Corp. (“Tel-Instrument,” “TIC,” or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported a net loss of $233K or ($0.10) per basic and diluted share on revenues of $2.3 million for the first quarter of 2023 fiscal year, ended June 30, 2022. TIC also reported the receipt of a contract this week from the U.S. Navy to upgrade fielded CRAFT test sets to remove product obsolescence and add new capabilities. This contract includes $2.9 million of non-recurring engineering (“NRE”) and provision for the upgrade of fielded Navy CRAFT test sets.
Tel-Instrument Electronics Corp. Reports Net Sales of $3.17 Million for Third Quarter 2022
Tel-Instrument Electronics Corp. Reports Net Sales
of $3.17 Million for Third Quarter 2022
East Rutherford, NJ – February 11, 2022 – Tel-Instrument Electronics Corp. (“Tel” or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported net income of $195K ($0.04 per common share) on revenues of $3.17 million for the third quarter of fiscal year 2022 ended December 31, 2021.
of $3.17 Million for Third Quarter 2022
East Rutherford, NJ – February 11, 2022 – Tel-Instrument Electronics Corp. (“Tel” or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported net income of $195K ($0.04 per common share) on revenues of $3.17 million for the third quarter of fiscal year 2022 ended December 31, 2021.
Tel-Instrument Electronics 10-Q 09-30-21
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
Tel-Instrument Electronics Corp. Reports Net Income of $1.0 Million for Second Quarter 2022
Tel-Instrument Electronics Corp. Reports Net Income of $1.0 Million for Second Quarter 2022
East Rutherford, NJ – November 15, 2021 – Tel-Instrument Electronics Corp. (“Tel” or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported net income of $1.0 million ($0.28 per common share) on revenues of $3.6 million for the second quarter of fiscal year 2022 ended September 30, 2021.
East Rutherford, NJ – November 15, 2021 – Tel-Instrument Electronics Corp. (“Tel” or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported net income of $1.0 million ($0.28 per common share) on revenues of $3.6 million for the second quarter of fiscal year 2022 ended September 30, 2021.
Tel-Instrument Electronics Reports $1.6 Million Test Set Order
Tel-Instrument Electronics Reports $1.6 Million Test Set Order
East Rutherford, NJ – July 20, 2020 – Tel-Instrument Electronics Corp. (“Tel”, or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported receipt of a $1.6 million test set order for the South Korean military.
East Rutherford, NJ – July 20, 2020 – Tel-Instrument Electronics Corp. (“Tel”, or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported receipt of a $1.6 million test set order for the South Korean military.