LED display systems maker Trans-Lux Corp. (TNLX.PK) Monday said it swung to a fourth quarter profit of $4.0 million or $1.12 per share from a loss of $1.8 million or $0.75 per share in the year-earlier quarter.
The profit upturn was helped mainly by higher revenues and also included a an $8.8 million gain on debt extinguishment, which was offset by a $3.7 million charge for a warrant valuation adjustment relating to the restructuring plan.
Fourth quarter revenues increased to $6.7 million from $5.6 million last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.