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ADM Tronics beats earnings estimates, boosts forecast, and launches $150M buyback.
ADM Tronics reported its third quarter results for fiscal year 2026, showing a 12% increase in revenue compared to the same period last year, driven by strong demand in its industrial automation and smart infrastructure divisions.
The company posted a net profit of $48 million, up 18% from the prior year, attributed to improved operational efficiency and cost management.
Adjusted earnings per share reached $1.32, exceeding analyst expectations.
The company also announced a new $150 million share buyback program and raised its full-year revenue forecast.
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ADM Tronics supera las estimaciones de ganancias, aumenta el pronóstico, y lanza una recompra de $ 150 millones.