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SOLITRON DEVICES INC [SODI]  posts $0.49M loss as revenue falls 73.30% to $0.5840M

SOLITRON DEVICES INC [SODI] posts $0.49M loss as revenue falls 73.30% to $0.5840M

By USInMinutes
Published - Jan 18, 2023, 09:36 PM ET
Last Updated - Feb 07, 2023, 04:17 AM EST
 Net Sales: $0.5840M  
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SOLITRON DEVICES INC [SODI] posted a loss of $0.49M, marking a fall of 256.19% for this quarter.

Revenue fell to $0.5840M this quarter compared to $2.19M in the previous quarter.

According to the latest quarterly report the company has filed with the SEC, current earnings were $-0.49M, down 256.19% from $0.3150M.

The company’s net sales for the period were $0.5840M, down 73.30%. Net sales in the previous quarter were $2.19M.

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