Trio-Tech International reported third quarter fiscal 2026 revenue of $16.5 million, an increase of 124% year-over-year, and a net loss of $38 thousand, resulting in a breakeven earnings per share. The strong top-line growth was primarily fueled by significant demand for semiconductor reliability testing services.
Key Highlights
- Semiconductor Back-End Solutions revenue surged 141% to $13.1 million, driven by demand from customers in AI computing and EV automotive applications.
- Gross margin contracted to 16% from 27% in the prior year, which the company attributed to a higher mix of lower-margin, high-volume testing services.
- The company received a total of $7.8 million in orders for high-performance Burn-In Boards to support a next-generation AI GPU platform.