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NYSE:LGL

The LGL Group 8/23/2023 Earnings Report

The LGL Group logo
$7.68 +0.14 (+1.86%)
As of 10:54 AM Eastern

The LGL Group EPS Results

Actual EPS
-$0.02
Consensus EPS
$0.03
Beat/Miss
Missed by -$0.05
One Year Ago EPS
N/A

The LGL Group Revenue Results

Actual Revenue
$0.40 million
Expected Revenue
$0.50 million
Beat/Miss
Missed by -$100.00 thousand
YoY Revenue Growth
N/A

The LGL Group Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

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About The LGL Group

The LGL Group (NYSE:LGL) is an integrated specialty materials company that develops, manufactures and markets a diverse range of chemical products and engineered materials. Headquartered in Troy, Michigan, the company operates through multiple business segments, including fine chemical solutions, battery materials and engineered alloys. Its fine chemical segment produces phosphonate-based scale and corrosion inhibitors for applications in water treatment, detergents, agriculture and oilfield operations, while its engineered alloys business offers metal powders and vacuum furnace services for aerospace, medical and industrial customers.

In recent years, The LGL Group has expanded its presence in the rapidly growing lithium-ion battery market. Through its battery materials unit, the company produces lithium iron phosphate (LFP) cathode active materials and related precursors, targeting electric vehicle manufacturers, energy storage system integrators and specialty battery producers. Its vertically integrated approach—from precursor chemicals to finished active material—aims to deliver consistent quality, competitive cost structures and supply chain stability for customers worldwide.

The company’s operations span North America, Asia and Europe, supported by manufacturing and research facilities in the United States and strategic partnerships in key battery and chemicals markets. LGL Group’s global reach enables it to serve a broad customer base, including major OEMs, contract manufacturers and distributors, with tailored solutions that address performance, regulatory and sustainability requirements.

Founded in 1959, The LGL Group has grown through a combination of internal development and targeted acquisitions, reinforcing its expertise in specialty chemicals and materials science. Led by President and CEO Richard J. Panattoni, the company emphasizes innovation and operational excellence, with a senior management team that brings decades of experience in chemical engineering, materials technology and global manufacturing. This leadership focus underpins LGL Group’s strategy to capitalize on emerging trends in energy storage, advanced coatings and industrial performance chemicals.

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