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Trio-Tech Reports 124% Q3 Revenue Growth, Driven by Strong Semiconductor Reliability Testing Demand Supporting AI and Automotive Applications

  • Trio-Tech International reported fiscal third quarter 2026 revenue of $16.5 million, representing a 124% year-over-year increase.
  • Semiconductor Back-End Solutions segment revenue reached $13.1 million, a 141% increase driven by demand for AI computing & EV automotive chip validation.
  • Industrial Electronics segment revenue grew to $3.4 million, a 76% increase fueled by aerospace & commercial technology applications.
  • The company secured $7.8 million in new orders for high-performance Burn-In Boards supporting next-generation AI GPU platforms.
  • Gross margin declined to 16% of revenue due to a higher mix of lower-margin, high-volume testing services.
  • The company reported a minimal operating loss of $81 thousand & a net loss of $38 thousand for the quarter.
  • Year-to-date results show $47.7 million in revenue (85% increase) & a net income of $165 thousand.
  • Cash & equivalents stood at $18.3 million as of March 31, 2026, with an additional $10 million raised via direct equity offering post-quarter.
  • Trio-Tech is expanding its Penang, Malaysia facility by 104,000 square feet to support growing AI & automotive testing demand.
  • A two-for-one forward stock split was implemented on January 5, 2026, with all share data retrospectively adjusted.