sur ZTEST Electronics Inc. (CVE:ZTE)
ZTEST Electronics Inc. Reports Fiscal 2026 Q3 Growth
ZTEST Electronics Inc. announced a significant revenue increase for Fiscal 2026 Q3, amounting to $2,339,624, a 13.9% rise compared to the previous year. The company also saw a 46% growth in net income, reaching $376,288. A notable increase of over 25% in gross margins was achieved, climbing to $1,044,552 from $833,532 the prior year.
Positive cash flows from operations were generated, boosting working capital by 24.6% to $1,230,110, and capital under management by 19.3% to $1,133,185 since the fiscal year began. Net income for the nine-month period climbed to $1,039,155, reflecting a 32% increase year-over-year.
CEO Steve Smith highlighted a new five-year lease extension with favorable terms, assuring capacity for potential production growth. The company continues to thrive with robust customer relationships and a resilient operating model.
R. E.
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