07:42 AM EDT, 08/12/2025 (MT Newswires) -- Garment manufacturer Unisync ( USYNF ) on Tuesday said it swung to a profit in its fiscal third quarter.
Unisync ( USYNF ) booked a pre-tax net income of $1.8 million, or $0.10 per share, in the three months ended June 30, reversing the year-ago loss of $1.2 million.
Adjusted EBITDA improved to $3.5 million from $1.1 million while revenue inched up to $21.9 million from $21.2 million.
"Our Q3 results reflect the ongoing transformation of our business - with sharper execution, stronger margins, and disciplined cost control," said Tim Gu, executive chairman of Unisync ( USYNF ). "We're building sustainable profitability while positioning the company for future growth."
Unisync ( USYNF ) said its UGL segment is pursuing several material business opportunities while the Peerless segment is positioned to maintain its current level of revenues and profitability in fiscal 2025.