Earnings release
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LGL GROUP Exhibit 99.1 THE LGL GROUP , INC . REPORTS SECOND QUARTER 2026 RESULTS • • • • Revenues increased $ 229,000 to $ 1,153,000 for the three months ended June 30 , 2026 compared to $ 924,000 for the three months ended June 30 , 2025 driven by our Electronic Instruments segment Backlog within the Electronic Instruments segment increased $ 3,003,000 to $ 3,628,000 as of June 30 , 2026 from $ 625,000 as of December 31 , 2025 Received orders totaling $ 6.0 million from a satellite communications customer through July 31 , 2026 , of which $ 3.4 million was already included in backlog as of June 30 , 2026 Cash and cash equivalents and marketable securities were $ 45.2 million as of June 30 , 2026 compared to $ 41.6 million as of December 31 , 2025 Completed rights offering on July 24 , 2026 , issuing 6,062,714 shares with gross proceeds of $ 41.8 million and increasing cash and cash equivalents to over $ 86.0 million - ORLANDO , FL . – August 14 , 2026 The LGL Group , Inc. ( NYSE American : LGL ) ( " LGL , " " LGL Group , " or the " Company " ) announced today its financial results for the second quarter ended June 30 , 2026 . " This quarter's revenue growth and record backlog reflect strong underlying demand for the mission - critical timing and synchronization technology our platforms provide , " said Jason Lamb , LGL Group Chief Executive Officer . " We are encouraged by the trajectory of our aerospace and defense and commercial applications and remain focused on translating this momentum into sustained long - term growth and stockholder value creation . " Three Months Ended June 30 , Six Months Ended June 30 , ( in thousands , except share data ) 2026 2025 % Change 2026 2025 % Change U.S. GAAP Financial Measures Revenues $ Gross margin 1,153 $ 49.2 % 924 57.0 % Net loss $ ( 353 ) $ ( 51 ) 24.8 % $ ( 13.7 % ) 592.2 % $ 2,238 $ 1,842 21.5 % 50.1 % ( 975 ) $ 54.7 % ( 8.5 % ) ( 57 ) 1,610.5 % Net loss per diluted share ( 0.06 ) $ ( 0.01 ) 478.0 % $ ( 0.15 ) $ ( 0.01 ) 1,335.3 % ( in thousands , except share data ) June 30 , 2026 December 31 , 2025 % Change U.S. GAAP Financial Measures Book value attributable to LGL Group common stockholders Book value attributable to LGL Group common stockholders $ 44,342 $ 43,488 2.0 % per share $ 6.77 $ 7.04 ( 3.9 % ) 1