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Compx Inter - CIX STOCK NEWS

Welcome to our dedicated page for Compx Inter news (Ticker: CIX), a resource for investors and traders seeking the latest updates and insights on Compx Inter stock.

Compx International Inc. (CIX) delivers essential security systems and marine components to industries ranging from healthcare to marine manufacturing. This dedicated news hub provides investors and industry professionals with centralized access to corporate developments, financial updates, and operational milestones.

Track CIX's latest earnings reports, product innovations, and strategic partnerships through verified press releases and third-party analysis. Our curated feed ensures timely updates on security product advancements, marine component engineering breakthroughs, and market expansion initiatives.

Key coverage areas include quarterly financial disclosures, leadership announcements, manufacturing facility updates, and industry recognition. The resource eliminates the need to monitor multiple sources while maintaining strict adherence to factual reporting standards.

Bookmark this page for efficient monitoring of CIX's evolving role in specialty manufacturing. Combine real-time alerts with historical context to better understand the company's market trajectory.

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CompX International Inc. (CIX) reported a strong fourth quarter in 2023 with sales reaching $43.2 million, a significant increase from $40.0 million in 2022. Operating income and net income also saw positive growth. However, the full-year net sales decreased to $161.3 million from $166.6 million in 2022, primarily due to lower Marine Components sales. Despite this, operating income remained stable at $25.4 million for both years. CompX attributes the increase in Q4 sales to higher Security Products sales, driven by a government security project, while the decline in annual sales was offset by improved gross margins and higher Security Products sales.
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CompX International Inc. reported sales of $40.3 million for Q3 2023, a decrease from $42.9 million in Q3 2022. Operating income increased to $6.6 million from $6.0 million in the same period. Net income was $5.8 million or $0.47 per share, compared to $4.9 million or $0.40 per share in Q3 2022. For the nine months ended September 30, 2023, sales were $118.1 million, down from $126.6 million in the previous year. Operating income for the nine months was $18.0 million, compared to $20.0 million in 2022. Net income was $15.9 million or $1.29 per share, compared to $16.1 million or $1.30 per share in the same period of 2022.
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CompX International Inc. (NYSE American: CIX) has declared a regular quarterly dividend of $0.25 per share on its class A common stock. The dividend will be payable on December 12, 2023, to stockholders of record as of December 1, 2023. CompX is a manufacturer of security products and recreational marine components.
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CompX International reported a strong financial performance for Q4 and the full year of 2022. Q4 sales reached $40.0 million, up from $34.1 million in 2021. Operating income rose to $5.4 million, while net income grew to $4.8 million, or $0.39 per share. For the year, net sales were $166.6 million, compared to $140.8 million the previous year, with operating income of $25.4 million and net income of $20.9 million, or $1.69 per share. The growth is attributed to increased Marine Component sales and improved operating income, despite higher production costs in security products.

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CompX International Inc. (CIX) has declared a regular quarterly dividend of $0.25 per share on its class A common stock. This dividend will be payable on March 21, 2023, to stockholders who are on record as of March 13, 2023. CompX is recognized as a leading manufacturer of security products and recreational marine components, reflecting the company's ongoing commitment to delivering value to its shareholders.

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CompX International has declared a quarterly dividend of $0.25 per share on its class A common stock. The dividend is scheduled for payment on December 13, 2022 to stockholders on record by the close of business on December 1, 2022. As a manufacturer of security products and recreational marine components, CompX continues to demonstrate financial stability and commitment to returning value to its shareholders.

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Compx Inter

NYSE:CIX

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331.99M
1.52M
87.73%
7.81%
0.42%
Security & Protection Services
Cutlery, Handtools & General Hardware
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United States
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