ORLANDO, FL, May 14, 2012 – The LGL Group, Inc. (NYSE Amex: LGL) (the “Company”), announced results for the quarter ended March 31, 2012.
First Quarter 2012 Financial Results
Total revenues for the three months ended March 31, 2012, were approximately $7,174,000, a decrease of 20.5% compared to revenues of $9,020,000 for the comparable period in 2011. The Company reported a net loss of ($593,000) for the three months ended March 31, 2012, compared with net income of $241,000 for the same period in 2011. Diluted loss per share was ($0.23) for the quarter ended March 31, 2012, compared with earnings per share of $0.10 for the quarter ended March 31, 2011.
Click Here for More Detail
