Trio-Tech International — First Quarter Fiscal 2027 Earnings Summary

Trio-Tech International reported a 29% year-over-year revenue increase to $19.9 million for the first quarter of fiscal 2027, driven by a 39% surge in its Semiconductor Back-End Solutions segment. The company achieved a consolidated gross margin of 20.6%, up from 16.7% in the prior year, resulting in net income of $846,000 and diluted earnings per share of $0.07. Management highlighted strong demand for AI-related testing services and EV applications, supported by a new facility expansion in Malaysia that began operations in September 2026. Despite elevated working capital requirements due to increased inventory and receivables, the company maintains a strong balance sheet with $25.6 million in cash and recently approved an additional $1.0 million for share repurchases.