Trio-Tech International has announced its fiscal 2025 third-quarter financial results, revealing a decline in revenue and a net loss. The company reported total revenue of $7.4 million, a decrease from $10.4 million in the same quarter a year ago. The Semiconductor Back-End Solutions $(SBS)$ segment contributed $5.4 million, down from $7.7 million last year, while the Industrial Equipment $(IE)$ segment reported $2.0 million, compared to $2.7 million previously. The company experienced a net loss attributable to common shareholders of $495,000, compared to net income of $70,000 in the same period last year. This translated to a net loss per diluted share of $0.12, whereas the prior-year period saw a net income per diluted share of $0.02. Despite the revenue softness, Trio-Tech's gross margin was reported at $2.0 million, or 27% of revenue, slightly improving from 26% a year ago. Total operating expenses decreased to $2.3 million from $2.6 million in the previous year. The quarter ended with a loss from operations of $343,000, contrasting with operating income of $59,000 in the same quarter last year. Additionally, the company faced an other expense of $132,000, primarily due to foreign currency movement, compared to other income of $247,000 a year ago. Cash and cash equivalents increased to $11.0 million as of March 31, 2025, up from $10.0 million on June 30, 2024. In a strategic move, Trio-Tech International's Board of Directors has approved a share repurchase program, authorizing the repurchase of up to $1.0 million of its common stock over the next two years.