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ZTEST Electronics saw revenue drop 9.7% in Q1 2026 but reported rising inventory and signs of market recovery.
ZTEST Electronics Inc. reported a 9.7% revenue decline in fiscal Q1 2026 to $1.82 million, but saw inventory rise nearly 34% to $1.40 million—the highest since Q3 2024—suggesting growing customer confidence.
The company cited strong second-quarter order growth, improved cash reserves, working capital, and stable gross margins as signs of resilience.
CEO Steve Smith expressed optimism about a potential market recovery, while cautioning that forward-looking statements involve risks.
ZTEST, through its subsidiary Permatech Electronics, provides electronic manufacturing services for medical, telecom, industrial, and consumer sectors from an ISO 9001:2015-certified facility in North York, Ontario.
ZTEST Electronics registró una caída de los ingresos del 9,7% en el primer trimestre de 2026, pero reportó un aumento de los inventarios y signos de recuperación del mercado.