Solitron Devices Q2 FY2027: Revenue Climbs 42%, Net Income Swings to $1.3M Profit
SODI has more than doubled off its 52-week low of $16.
Summary
Solitron Devices reported Q2 FY2027 net sales of $5.66M (up 42% YoY) and net income of $1.30M, with record backlog of $24.11M. The company also disclosed retention of an investment banker to explore strategic alternatives.
Key Events · Earnings and Guidance · SODI
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Q2 Revenue Up 42%
Net sales rose to $5.66M in Q2 FY2027 from $3.99M in the prior-year quarter, driven by strong backlog execution.
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Net Income Swings to Profit
Net income was $1.30M ($0.60/share) versus a net loss of $0.23M ($0.11/share) in Q2 FY2026.
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Record Backlog of $24.11M
Backlog increased 29% YoY and 3% sequentially from $23.34M at the end of Q1 FY2027.
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Bookings Up 48%
Net bookings reached $6.42M in Q2 FY2027, up from $4.32M in the prior-year quarter.
Analysis · SODI · Manufacturing
A strong fiscal 2027 second quarter saw net sales rise 42% year-over-year to $5.66 million, while net income swung from a $0.23 million loss to a $1.30 million profit. Backlog reached a record $24.11 million, up 29%, and bookings grew 48%, signaling sustained demand from defense programs. The company also disclosed $200,000 in professional fees related to an investment banker retained to explore strategic alternatives, a notable development for a company of this size. These results reinforce the turnaround narrative and support management's expectation for continued sales strength through the remainder of the fiscal year.
How filings like this one have moved
In the 30 days to Nov 1, 2026, 32.4% of the 1987 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, SODI was trading at $33.97 on OTC in the Manufacturing sector, with a market capitalization of approximately $73.1M. The 52-week trading range was $16.00 to $35.50. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.