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Tel-Instrument Electronics Corp (TIK.A)

TIK.A on American Stock Exchange

3.05USD
19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Tel-Instrument Electronics Corp Q2 2018 revenue $1.8 million
Wednesday, 15 Nov 2017 11:55am EST 

Nov 15 (Reuters) - Tel-Instrument Electronics Corp ::Tel-Instrument Electronics Corp. reports financial results for second quarter 2018 and completes $3 million financing.Q2 revenue $1.8 million.  Full Article

Tel-Instrument Electronics reports Q2 loss per share ‍of $0.12​
Tuesday, 14 Nov 2017 04:30pm EST 

Nov 14 (Reuters) - Tel-instrument Electronics Corp :Reports financial results for second quarter 2018 and completes $3 million financing.Q2 revenue $1.8 million.Qtrly loss per share ‍$0.12​.  Full Article

Tel-Instrument Electronics announces pending $3 mln financing
Friday, 27 Oct 2017 04:30pm EDT 

Oct 27 (Reuters) - Tel-instrument Electronics Corp :Tel-Instrument Electronics Corp. Responds to recent court ruling on punitive damages in the Aeroflex case and announces a pending $3M financing.Tel-Instrument Electronics - received notice that judge in Aeroflex litigation issued decision granting $2.1 million in punitive damages in favor of Aeroflex​.Tel-Instrument Electronics Corp - ‍currently investigating options, including an appeal​ of court ruling.Tel-Instrument Electronics Corp - ‍ the decision granting an additional punitive damages brings total tel damages awarded in case to about $4.9 million​.Tel-Instrument Electronics - nearing completion of $3 million financing with existing investor to allow co to fund planned appeal of court ruling.  Full Article

Tel-Instrument Electronics reports qtrly loss per share $‍0.12​
Thursday, 17 Aug 2017 08:30am EDT 

Aug 17 (Reuters) - Tel-Instrument Electronics Corp :Tel-Instrument Electronics Corp reports financial results for first quarter 2018.Q1 sales fell 33.7 percent to $3.542 million.Qtrly loss per share $‍0.12​.‍Fiscal year 2018 revenues are predicted to decline substantially from FY 2017 levels​.‍Forecasting a return to operating profitability in third and fourth quarters of FY 2018 ​.‍Forecasting increasing revenues and "solid profitability" in fiscal year 2019​.  Full Article

Tel-Instrument Electronics Q4 revenue falls 34 pct to $4.1 mln
Monday, 17 Jul 2017 08:40am EDT 

July 17 (Reuters) - Tel-instrument Electronics Corp :Tel-Instrument electronics corp. Reports financial results for fourth quarter and fiscal year 2017.Q4 revenue fell 34 percent to $4.1 million.Tel-Instrument electronics corp - ‍recorded $2.8 million in estimated damages associated with jury verdict in aeroflex litigation in quarter​.  Full Article

Tel-Instrument Electronics says commencement of Cobham/Aeroflex litigation
Monday, 10 Apr 2017 01:20pm EDT 

Tel-Instrument Electronics Corp :Commencement of Cobham/Aeroflex litigation in Kansas District Court; Trial is expected to be completed next month.  Full Article

Tel-Instrument electronics Q2 earnings $0.08/shr
Wednesday, 9 Nov 2016 08:30am EST 

Tel-Instrument Electronics Corp : Tel-Instrument Electronics Corp reports net income of $272,000 or $0.08 per basic share for the second quarter of fiscal 2017 . Q2 earnings per share $0.08 . Q2 revenue fell 25.6 percent to $5.08 million . Tel-Instrument Electronics Corp - expect litigation related to BCA to be concluded by end of this fiscal year .Tel-Instrument Electronics Corp - With respect to motion to dismiss filed in late August, we have not yet received a decision from court.  Full Article

Tel-Instrument Electronics reports Q1 earnings per share $0.13
Thursday, 18 Aug 2016 08:00am EDT 

Tel-instrument Electronics Corp - : Instrument electronics corp. Reports net income of $410,000 or $0.13 per share for the first quarter of fiscal 2017 . Q1 earnings per share $0.13 .Q1 revenue fell 8.6 percent to $5.34 million.  Full Article

Tel-Instrument Electronics files for non-timely 10-Q with U.S. SEC
Tuesday, 16 Aug 2016 11:08am EDT 

Tel-instrument Electronics Corp : Files for non-timely 10-Q with U.S. SEC - SEC Filing Source - http://bit.ly/2bkwfsB Further company coverage: [TIK.A] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Tel-Instrument Electronics Q4 EPS $0.09
Wednesday, 29 Jun 2016 08:30am EDT 

Tel-instrument Electronics Corp : Tel-Instrument Electronics Corp. reports financial results for fourth quarter and fiscal year 2016 . Q4 earnings per share $0.09 .Q4 revenue $6.17 million versus $6.45 million.  Full Article

BRIEF-Tel-Instrument Electronics Corp Q2 2018 revenue $1.8 million

* Tel-Instrument Electronics Corp. reports financial results for second quarter 2018 and completes $3 million financing

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