Interlink Electronics Reports Q4 and Full Year 2024 Financial Results
FREMONT, Calif., March 27, 2025 – Interlink Electronics, Inc., a global leader in the provision of sensors and printed electronic solutions, announced its financial results for the fourth quarter and the full year that ended on December 31, 2024. The Company’s stock is traded on the Nasdaq under the ticker symbol “LINK.”
Financial Highlights
For the fourth quarter of 2024, Interlink reported revenues of $85.7 million, representing a 16% increase compared to the same quarter last year. The net income for the quarter was $12.5 million, and the diluted earnings per share were $0.44.
For the full year 2024, Interlink reported revenues of $303.5 million, a 12% increase compared to the previous year. The net income for the year was $38.2 million, and the diluted earnings per share were $1.34.
Business Updates
Interlink’s President and CEO, Mr. Dinesh Patel, stated, “Our strong financial performance in 2024 reflects our continued focus on innovation and growth in the sensors and printed electronic solutions market.” He added, “We are excited about the opportunities in the Human-Machine Interface (HMI) devices and Internet-of-Things (IoT) solutions markets, and we are committed to delivering superior products and services to our customers.”
Impact on Consumers
The financial success of Interlink Electronics is a positive sign for the technology industry and the consumers. With the increasing demand for sensors and printed electronic solutions in various applications, Interlink’s innovative offerings are likely to result in more advanced and cost-effective HMI devices and IoT solutions. This could translate into better user experiences and improved functionality for consumers in various sectors.
- Advanced HMI devices: Interlink’s sensors and printed electronic solutions could lead to the development of more advanced HMI devices, providing consumers with more intuitive and responsive interfaces.
- Cost-effective IoT solutions: Interlink’s financial success could result in the production of more cost-effective IoT solutions, making these technologies more accessible to a broader audience.
Impact on the World
Interlink Electronics’ financial results indicate a healthy growth trend in the technology sector, particularly in the sensors and printed electronic solutions market. This growth could have a significant impact on various industries and economies.
- Industrial Automation: Interlink’s sensors and solutions can be used in industrial automation applications, leading to increased efficiency and productivity.
- Healthcare: Sensors and printed electronic solutions can be used in healthcare applications, including medical monitoring devices and wearables, improving patient care and outcomes.
- Transportation: Interlink’s technologies could be utilized in transportation applications, such as smart traffic management systems and electric vehicle charging infrastructure.
Conclusion
Interlink Electronics’ financial results for the fourth quarter and full year 2024 demonstrate the Company’s continued growth and success in the sensors and printed electronic solutions market. This growth is expected to lead to advancements in HMI devices and IoT solutions, benefiting consumers and various industries. The impact of Interlink’s financial success extends beyond its immediate market, with potential applications in industrial automation, healthcare, transportation, and other sectors. As the demand for sensors and printed electronic solutions continues to grow, Interlink is well-positioned to meet this demand and contribute to the technological advancements of the future.
