05:25 PM EDT, 10/08/2025 (MT Newswires) -- Firan Technology Group ( FTGFF ) , an aerospace and defence electronics product and subsystem supplier, after trade Wednesday reported higher profit and revenue in the third quarter.
The company earned $3 million, or $0.12 per share, in the period, up from $2.8 million, or $0.11, a year ago. FactSet expected $0.12 per share.
Revenue rose 11% to $47.7 million from $43.1 million in the year-ago quarter. FactSet projected $48.3 million.
The company also said that total bookings stood at $51.5 million for Q3, resulting in a book-to-bill ratio of 1.08. The quarter-end backlog reached $137.1 million, a 12% rise from the previous year-end.
"Our FLYHT acquisition remained profitable in the quarter as we continue integration efforts and capitalize on new product sales. We remain focused on managing external factors and have not seen any material impact from the US tariffs so far, though uncertainties remain," Chief Executive Brad Bourne said.