MEMSCAP more than triples operating profit as sensor sales grow
MEMSCAP ($MEMS) reported unaudited third-quarter 2026 revenue of €3.333 million, up 27.1%, as all three of its markets expanded. Aerospace sales increased 22.8%, medical sales 80.1% and optical communications sales 7.6%. Operating income rose to €498,000 from €151,000, while gross margin improved to 44.2% from 40.4%. Adjusted EBITDA reached €552,000, an increase of approximately 59%. Net income rose 66.4% to €293,000 despite a €205,000 financial loss linked to currency movements. For the first n
0