Friday 14 August

Profit misses even as sales edge higher

M-tron earned 43 cents a share, short of the 53 cents expected — an 18.9% miss on profit. Sales actually came in a touch ahead, about 2.4% above forecasts, and the stock rose 4.8% on the day. So the picture is mixed: the top line held up, but the bottom line didn't.

What would change this — A fresh quarterly filing showing profit per share climbing back above the 53-cent mark, or a shift in company insiders buying or selling shares, would move our read.