--- title: "EML: Net income surged in Q2 2026 on acquisition gains, despite a 12% drop in net sales" type: "News" locale: "en" url: "https://longbridge.com/en/news/295581339.md" description: "Q2 2026 net sales declined 12% year-over-year, but net income rose to $5.6 million due to a $6.5 million bargain purchase gain from acquisitions. Backlog increased 45% to $126.2 million, and liquidity remains strong with $59 million available under the credit facility.Original document: Eastern Company (The) [EML] SEC 10-Q Quarterly Report — Aug. 12 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source." datetime: "2026-08-11T21:09:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295581339.md) - [en](https://longbridge.com/en/news/295581339.md) - [zh-HK](https://longbridge.com/zh-HK/news/295581339.md) generator: "portal-rs" --- # EML: Net income surged in Q2 2026 on acquisition gains, despite a 12% drop in net sales Q2 2026 net sales declined 12% year-over-year, but net income rose to $5.6 million due to a $6.5 million bargain purchase gain from acquisitions. Backlog increased 45% to $126.2 million, and liquidity remains strong with $59 million available under the credit facility. Original document: Eastern Company (The) \[EML\] SEC 10-Q Quarterly Report — Aug. 12 2026 **Disclaimer** This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source. ### Related Stocks - [EML.US](https://longbridge.com/en/quote/EML.US.md) ## Related News & Research - [EML: Backlog surged 45% year-over-year, supporting a strong outlook and margin recovery in H2 2026](https://longbridge.com/en/news/295680797.md) - [INVEST: Revenue and profit dropped sharply in H1 2026, with 2026 outlook remaining subdued](https://longbridge.com/en/news/296439091.md) - [Workday stock is downgraded after buyout report as growth expectations are 'too optimistic'](https://longbridge.com/en/news/296104750.md) - [Where will Workday stock be in 5 years if Silver Lake doesn't buy it?](https://longbridge.com/en/news/296091172.md) - [Xcel Energy sets BRL 0.26 per unit distribution for payment Oct. 26, 2026](https://longbridge.com/en/news/296646864.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**