Massimo Group 1Q 2026: Revenue $12.7M, EPS $(0.02) — 10-Q Summary
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Massimo Group reported Q1 2026 revenue of $12.7M, down 14.7% YoY, with a net loss of $1.01M, improved from $2.09M a year earlier. Diluted EPS was $(0.02), better than $(0.05) in the prior year. The revenue decline was attributed to lower shipments of certain products. The company is adjusting its strategy to protect pricing and reduce inventory, while gross margin improved to 39.9%. R&D spending is focused on higher-margin models, and operational discipline has reduced costs.
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