Servotronics, Inc. (SVT) reported second-quarter net income of $622,000 or $0.29 per share, compared to $729,000 or $0.35 per share in the comparable quarter last year.
Net revenues for the quarter increased to $7.86 million from $8.15 million in the year-ago quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.