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.
CompX International reported Q3 2022 sales of $42.9 million, up from $34.5 million in Q3 2021. Net income increased to $4.9 million ($0.40 per share), compared to $4.1 million ($0.33/share) last year. For the nine months ending September 30, 2022, sales reached $126.6 million, up from $106.7 million, with net income increasing to $16.1 million ($1.30/share). Growth was driven by higher sales in Marine Components and Security Products. However, rising production costs affected profitability, notably in the Security Products segment.
CompX International announced a special cash dividend of $1.75 per share on its class A common stock, payable on August 30, 2022. Stockholders of record by the close of business on August 22, 2022 will receive this dividend. This follows a previously declared regular quarterly cash dividend of $0.25, payable on September 13, 2022. The company maintains a strong balance sheet and cash flow, allowing for shareholder returns while ensuring continued investment in business growth.
CompX International Inc. (NYSE American: CIX) has declared a quarterly dividend of $0.25 per share on its class A common stock. This dividend is scheduled to be paid on September 13, 2022, to stockholders of record as of the close of business on September 1, 2022.
CompX specializes in manufacturing security products and recreational marine components.
CompX International Inc. (CIX) reported a rise in sales for Q2 2022, reaching $41.6 million, up from $36.3 million in Q2 2021. Operating income also increased to $7.7 million from $5.8 million, while net income rose to $6.2 million or $0.50 per share, compared to $4.6 million or $0.37 in the prior year. For the first half of 2022, sales were $83.7 million, compared to $72.2 million in 2021. Increased sales from Marine Components and Security Products were noted, though higher production costs impacted margins.
CompX International (CIX) declared a regular quarterly dividend of $0.25 per share on May 25, 2022, payable on June 14, 2022, to stockholders of record by June 6, 2022. At the same annual stockholder meeting, directors were elected for a one-year term, and stockholders approved the executive compensation package. The board expanded from seven to nine members, electing Kevin B. Kramer and Michael S. Simmons to fill the new positions, with Kramer appointed to the audit committee. CompX specializes in security products and marine components.
CompX International reported a strong financial performance for Q1 2022, achieving $42.1 million in sales, up from $35.9 million in Q1 2021. Operating income rose to $6.3 million, compared to $5.8 million in the prior year. Net income increased to $5.0 million or $0.40 per share, up from $4.7 million or $0.38 per share. Growth was driven by higher sales in Security Products and Marine Components, despite increased production costs.
CompX International has announced a $0.05 increase in its quarterly dividend, raising it to $0.25 per share. This dividend is payable on March 22, 2022, to stockholders recorded by the close of business on March 14, 2022. CompX, a renowned manufacturer of security products and recreational marine components, demonstrates its ongoing commitment to returning value to shareholders.
CompX International reported $34.1 million in fourth-quarter sales for 2021, up from $30.0 million in 2020. Operating income rose to $3.8 million, with net income at $3.2 million or $0.25 per diluted share, compared to $2.3 million or $0.17 in Q4 2020. For the full year 2021, net sales increased to $140.8 million, with net income reaching $16.6 million or $1.34 per diluted share. Sales growth was driven by higher demand in the security products sector, particularly from government markets.
In Q3 2021, CompX International (CIX) reported sales of $34.5 million, up from $28.4 million in Q3 2020. Operating income rose to $5.1 million from $2.1 million year-over-year, while net income reached $4.1 million ($0.33 per diluted share) compared to $1.8 million ($0.15 per diluted share) in Q3 2020. For the first nine months of 2021, sales were $106.7 million, an increase from $84.5 million. The growth was attributed to higher demand in Security Products and Marine Components, rebounding from pandemic-related disruptions.
CompX International (CIX) has declared a quarterly dividend of $0.20 per share on its class A common stock. This dividend is payable on December 14, 2021, to stockholders of record by December 2, 2021. As a leading manufacturer of security products and recreational marine components, CompX continues to showcase its commitment to returning value to its shareholders.
