Filing Flows › LGL Group (LGL) › Q4 2024
LGL Group (LGL) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
LGL Group (LGL) reported revenue of $1.2M for the fourth quarter 2024 (Q4 2024), +16% from a year earlier and -2% from the quarter before. Operating margin was 21.2%, net earnings $202K (17.5% of revenue).
LGL Group, Q4 2024: revenue $1.2M (+16% year over year), operating margin 21.2%, net earnings $202K, operating cash flow −$17K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | -2% | +16% |
| Operating profit | $245K | +78% | -26% |
| Net earnings | $202K | +181% | +51% |
| Operating cash flow | −$17K | — | — |
What changed
Revenue was $1.2M in Q4 2024, up 16% year over year and down 2% from the previous quarter.
Operating profit was $245K, a 21.2% margin (down 11.9 points year over year). Operating profit fell $84K even though revenue rose $162K versus a year earlier, so costs grew faster than sales. Total costs grew 37% against revenue growth of 16%. Net earnings were $202K, up 51% year over year. The effective tax rate was 6.9%.
Operating cash flow was −$17K. Non-cash charges added back $5K of depreciation and amortization and $9K of share-based compensation. Working capital and other items used $259K.
Questions
What was LGL Group's revenue in the fourth quarter 2024?
LGL Group (LGL) reported revenue of $1.2M for the fourth quarter 2024 (Q4 2024), +16% from a year earlier and -2% from the quarter before.
Was LGL Group profitable in the fourth quarter 2024?
Operating profit was $245K (21.2% of revenue) and net earnings $202K.
Source: LGL Group 10-K on SEC EDGAR.