Track Group's Q1 revenue rises 5.2%, returns to profit

Reuters

Feb 14

Track Group's Q1 revenue rises 5.2%, returns to profit

Overview

Location tracking devices maker's fiscal Q1 revenue rose 5.2% yr/yr to $9.1 mln
Net income for fiscal Q1 was $0.5 mln, reversing a $2 mln loss last year
Company's gross profit decreased 3.5% due to higher device repair and server costs

Outlook

Track Group forecasts FY26 revenue between $38M and $39M
Company expects FY26 adjusted EBITDA margin of 18% to 19%
Track Group sees strategic reinvestment in technology driving growth in FY26

Result Drivers

REGIONAL GROWTH - Revenue growth driven by increased monitoring services in Florida and Illinois
SUBSIDIARY IMPACT - Sale of Chilean subsidiary partially offset revenue growth
COST INCREASES - Higher device repair and server costs reduced gross profit, partially offset by higher revenue

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Revenue		$9.10 mln
Q1 Adjusted EBITDA		$1.22 mln
Q1 Gross Profit		$4.30 mln

Press Release: ID:nGNX42Y0dQ

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TRCK","symbol_name":"Track Group, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260213:nL1N3Z90UZ:1","article_id":"2611603169","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611603169","pubTimestamp":1770999109,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Track Group's Q1 revenue rises 5.2%, returns to profitOverviewLocation tracking devices maker's fiscal Q1 revenue rose 5.2% yr/yr to $9.1 mlnNet income for fiscal Q1 was $0.5 mln, reversing a $2 mln l","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TRCK":"Track Group, Inc.","BK4157":"电子设备和仪器"},"translate_title":"Track Group Q1营收增长5.2%，恢复盈利","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TRCK":0.9},"content_text":"Track Group's Q1 revenue rises 5.2%, returns to profitOverviewLocation tracking devices maker's fiscal Q1 revenue rose 5.2% yr/yr to $9.1 mlnNet income for fiscal Q1 was $0.5 mln, reversing a $2 mln loss last yearCompany's gross profit decreased 3.5% due to higher device repair and server costsOutlookTrack Group forecasts FY26 revenue between $38M and $39MCompany expects FY26 adjusted EBITDA margin of 18% to 19%Track Group sees strategic reinvestment in technology driving growth in FY26Result DriversREGIONAL GROWTH - Revenue growth driven by increased monitoring services in Florida and IllinoisSUBSIDIARY IMPACT - Sale of Chilean subsidiary partially offset revenue growthCOST INCREASES - Higher device repair and server costs reduced gross profit, partially offset by higher revenueKey DetailsMetricBeat/MissActualConsensus EstimateQ1 Revenue$9.10 mlnQ1 Adjusted EBITDA$1.22 mlnQ1 Gross Profit$4.30 mlnPress Release: ID:nGNX42Y0dQFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}