ZTEST Electronics Reports Q1 2026 Financial Results

ZTEST Electronics Inc. announced a 9.7% decline in revenues for Q1 2026, totaling $1,823,428 compared to Q1 2025. Despite the decrease, the company is optimistic as the second fiscal quarter shows promising order increases for new boards, indicating potential market recovery.

Financially, ZTEST reported a gross margin of 42.7%, down from 45.6% in the previous year. EBITDA decreased to $404,000, and net income fell to $237,000. However, cash reserves rose to $4.3 million, with working capital at $5.3 million, signaling stronger liquidity positions.

CEO Steve Smith stated that inventory increased by 34% to $1.40 million. He emphasized continued efforts to leverage the recovering market, maintaining stable growth in cash and working capital.