0001193125-26-190431
SEC filingStrong start to fiscal 2026 with double-digit revenue growth and significant margin expansion, driven by favorable sales mix and operational efficiencies.
Revenue for the first quarter of 2026 was $139.2 million, a 10.7% increase compared to $125.8 million in the same period last year. The growth was driven by improved mix of sales to our diversified end markets, as well as efficiency improvements across the business. This performance reflects our strategic focus on higher-growth segments and operational execution.
Net income rose 28.7% to $17.2 million, or $0.59 per diluted share, compared to $13.4 million, or $0.44 per diluted share, in the prior year. The effective income tax rate increased due to a change in the mix of earnings taxed at higher rates, partially offsetting the operational improvements. Despite this, the bottom line benefited from the strong operational performance.