Interlink Electronics, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
March 21, 2024 at 06:30 pm IST
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Interlink Electronics, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 3.54 million compared to USD 1.61 million a year ago. Net loss was USD 0.448 million compared to net income of USD 1.41 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to basic earnings per share from continuing operations of USD 0.13 a year ago. Diluted loss per share from continuing operations was USD 0.06 compared to diluted earnings per share from continuing operations of USD 0.13 a year ago.
For the full year, the company reported sales was USD 13.94 million compared to USD 7.49 million a year ago. Net loss was USD 0.383 million compared to net income of USD 1.67 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to basic earnings per share from continuing operations of USD 0.13 a year ago.
Interlink Electronics, Inc. is a global sensor and printed electronics company that operates in two sensor technology divisions: force/touch sensors and environmental sensors. The Company designs, develops, manufactures and sells a range of force-sensing technologies that incorporate its materials technology, firmware and software into a portfolio of standard products and custom solutions. Its Human-Machine Interface (HMI) technology platforms are deployed in a range of markets, including consumer electronics, automotive, industrial and medical. The application of its HMI technology platforms includes vehicle entry, vehicle multi-media control interface, rugged touch controls, presence detection, collision detection, speed and torque controls, pressure mapping, biological monitoring and others. The Companyâs gas-sensing technologies division offers electrochemical gas-sensing technology products and solutions for industry, community, health and home settings.