Tel-Instrument Electronics Corp. (TIK) reported first-quarter net loss of $668,000 or $0.25 per share, wider than $80,795 or $0.03 per share last year.
Loss from operations were $948,798, compared income from operations of $213,771 in the prior year period.
Net sales for the quarter dropped to $1.18 million from $3.99 million in the comparable quarter last year.
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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.