MarketPR
The fiscal first quarter of 2027 delivered a return to operating profitability at Highway Holdings, alongside gross profit growth of 58% year-over-year.
Revenue rose 29% from the year-ago period, gross margin expanded approximately 800 basis points to 42%, and net income attributable to shareholders came in at $109,000, with diluted EPS doubling to $0.02.
The next read is the fiscal second-quarter print. Gross line doing the heavy lifting The 800-basis-point gross margin expansion is the number that sets up the rest of the income statement.
Gross profit grew 58% on 29% revenue growth. That spread between the two rates is where the operating story lives: costs are not scaling at the same pace as sales, at least at the gross level.
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