Earnings summaries and quarterly performance for SOLITRON DEVICES.
Research analysts covering SOLITRON DEVICES.
Recent press releases and 8-K filings for SODI.
Solitron Devices Sets Annual Meeting and Explores Strategic Options
SODI
M&A
Dividends
Takeover Bid
- Solitron Devices, Inc. (SODI) has set its annual meeting for April 24, 2026, and its Board of Directors has decided to explore potential strategic transactions, including merger or sale opportunities.
- The company is considering various options such as acquisitions, a potential sale of the company or a subsidiary, a tender offer, or a special dividend, aiming to maximize shareholder value as it believes its current stock price does not reflect its true worth.
- Solitron reported a record level backlog of $28.3 million as of January 31, 2026, with strong demand from major defense programs.
4 days ago
Solitron Devices Announces Annual Meeting Date and Exploration of Strategic Alternatives
SODI
M&A
New Projects/Investments
Takeover Bid
- Solitron Devices, Inc. (SODI) has set its annual meeting date for April 24, 2026.
- The company's Board of Directors is exploring potential strategic transactions, including merger or sale opportunities, following an unsolicited acquisition proposal that was not finalized.
- Solitron reported a record level backlog of $28.3 million as of January 31, 2026, and management believes the current stock price does not fairly represent the company's true value.
- Options under consideration include acquisitions, a potential sale of the company or a subsidiary, a tender offer, or a special dividend.
4 days ago
Solitron Devices Announces Fiscal 2026 Third Quarter Results
SODI
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Solitron Devices, Inc. (SODI) reported a 49% increase in net sales to approximately $5.02 million for the fiscal 2026 third quarter, compared to $3.37 million in the fiscal 2025 third quarter.
- Net bookings for the fiscal 2026 third quarter surged 73% to $13.91 million, and backlog grew 124% to $27.48 million by the end of the quarter.
- Net income for Q3 2026 was $0.65 million, or $0.31 per share, significantly up from $0.27 million, or $0.13 per share, in Q3 2025.
- For the nine months ended November 30, 2025, net sales increased 7% to approximately $11.71 million, but net income decreased to $0.08 million, or $0.04 per share, primarily due to higher material costs, increased tariffs, and a one-time $344,000 stock grant. The company also secured the AMRAAM Lot 39 order during the third quarter.
Jan 13, 2026, 9:06 PM
Solitron Devices Announces Fiscal 2026 Third Quarter to Date Bookings
SODI
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
- Solitron Devices, Inc. reported fiscal 2026 third quarter to date bookings of approximately $13.8 million as of November 5, 2025, a significant increase from $8.0 million in the fiscal 2025 third quarter.
- Bookings for the first nine months of fiscal 2026 to date totaled approximately $20.9 million, compared to $11.8 million in the prior year's period.
- The company's backlog for fiscal year 2026 is approximately $29.0 million, up from $12.3 million as of November 30, 2024, for fiscal year 2025.
- These bookings include the AMRAAM Lot 39 order but do not include orders related to HiMARS or SM2/SM6.
Nov 5, 2025, 9:04 PM
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more