ZJK Industrial Corrects ‘Flat Revenue’ Claim in Cramer’s Mad Money Mention, Estimates 32% 3-Year CAGR
ZJK Industrial (NASDAQ: ZJK) has issued a correction to statements made by Jim Cramer on CNBC's Mad Money, where he incorrectly claimed the company had 'flat revenues' over the past three years. Contrary to Cramer's assessment, the high-tech precision parts manufacturer has reported significant growth, with:
- Revenue growth exceeding 40% in fiscal year 2024 compared to 2023
- A 3-year CAGR of over 32%
- Average annual growth of more than 33% over the past three years
The company, which manufactures components for AI infrastructure, consumer electronics, electric vehicles, and aerospace technologies, emphasized these metrics based on preliminary unaudited financials for the fiscal year ending December 31st, 2024.
ZJK Industrial (NASDAQ: ZJK) ha emesso una correzione alle dichiarazioni fatte da Jim Cramer su Mad Money di CNBC, dove ha erroneamente affermato che l'azienda aveva 'entrate stabili' negli ultimi tre anni. Contrariamente alla valutazione di Cramer, il produttore di componenti di precisione ad alta tecnologia ha riportato una crescita significativa, con:
- Una crescita dei ricavi superiore al 40% nell'anno fiscale 2024 rispetto al 2023
- Un CAGR di oltre il 32% su tre anni
- Una crescita annuale media di oltre il 33% negli ultimi tre anni
L'azienda, che produce componenti per infrastrutture AI, elettronica di consumo, veicoli elettrici e tecnologie aerospaziali, ha sottolineato queste metriche basate su dati finanziari preliminari non auditati per l'anno fiscale che termina il 31 dicembre 2024.
ZJK Industrial (NASDAQ: ZJK) ha emitido una corrección a las declaraciones realizadas por Jim Cramer en Mad Money de CNBC, donde afirmó erróneamente que la compañía tenía 'ingresos estables' durante los últimos tres años. A diferencia de la evaluación de Cramer, el fabricante de piezas de precisión de alta tecnología ha reportado un crecimiento significativo, con:
- Un crecimiento de ingresos que supera el 40% en el año fiscal 2024 en comparación con 2023
- Un CAGR de más del 32% en tres años
- Un crecimiento anual promedio de más del 33% en los últimos tres años
La compañía, que fabrica componentes para infraestructura de IA, electrónica de consumo, vehículos eléctricos y tecnologías aeroespaciales, enfatizó estas métricas basadas en informes financieros preliminares no auditados para el año fiscal que finaliza el 31 de diciembre de 2024.
ZJK Industrial (NASDAQ: ZJK)는 CNBC의 Mad Money에서 Jim Cramer가 지난 3년 동안 '수익이 정체되었다'고 잘못 주장한 내용에 대해 정정을 발표했습니다. Cramer의 평가와는 달리, 이 고급 정밀 부품 제조업체는 다음과 같은 중요한 성장을 보고했습니다:
- 2024 회계연도에 2023년 대비 40% 이상의 수익 성장
- 3년 CAGR이 32%를 초과
- 지난 3년 동안 연평균 33% 이상의 성장
AI 인프라, 소비자 전자 제품, 전기 자동차 및 항공 우주 기술을 위한 부품을 제조하는 이 회사는 2024년 12월 31일에 종료되는 회계 연도에 대한 예비 감사되지 않은 재무 정보를 기반으로 이러한 지표를 강조했습니다.
ZJK Industrial (NASDAQ: ZJK) a publié une correction concernant les déclarations faites par Jim Cramer sur Mad Money de CNBC, où il a faussement affirmé que l'entreprise avait des 'revenus stables' au cours des trois dernières années. Contrairement à l'évaluation de Cramer, le fabricant de pièces de précision haute technologie a rapporté une croissance significative, avec :
- Une croissance des revenus dépassant 40% pour l'exercice fiscal 2024 par rapport à 2023
- Un CAGR de plus de 32% sur trois ans
- Une croissance annuelle moyenne de plus de 33% au cours des trois dernières années
L'entreprise, qui fabrique des composants pour l'infrastructure d'IA, l'électronique grand public, les véhicules électriques et les technologies aérospatiales, a souligné ces indicateurs basés sur des données financières préliminaires non auditées pour l'exercice fiscal se terminant le 31 décembre 2024.
ZJK Industrial (NASDAQ: ZJK) hat eine Korrektur zu den Aussagen von Jim Cramer in CNBCs Mad Money herausgegeben, in denen er fälschlicherweise behauptete, das Unternehmen habe in den letzten drei Jahren 'stabile Einnahmen' erzielt. Im Gegensatz zu Cramers Einschätzung hat der Hersteller von hochpräzisen Bauteilen ein signifikantes Wachstum berichtet, mit:
- Einem Umsatzwachstum von über 40% im Geschäftsjahr 2024 im Vergleich zu 2023
- Einem 3-Jahres-CAGR von über 32%
- Einem durchschnittlichen jährlichen Wachstum von mehr als 33% in den letzten drei Jahren
Das Unternehmen, das Komponenten für KI-Infrastruktur, Unterhaltungselektronik, Elektrofahrzeuge und Luftfahrttechnologien herstellt, betonte diese Kennzahlen basierend auf vorläufigen, nicht geprüften Finanzdaten für das am 31. Dezember 2024 endende Geschäftsjahr.
- 40% revenue growth in FY2024 vs FY2023
- 32% 3-year CAGR demonstrates strong consistent growth
- 33% average annual growth over past three years
- Financial data presented is based on preliminary unaudited figures
Shenzhen, China, March 11, 2025 (GLOBE NEWSWIRE) -- ZJK Industrial Co. Ltd. (NASDAQ: ZJK) (“ZJK Industrial”, “ZJK” or the “Company”), a high-tech precision parts and hardware manufacturer for artificial intelligence (AI) infrastructure, consumer electronics, electric vehicles, aerospace and other smart technologies, today addressed recent misstatements made by Jim Cramer on CNBC’s Mad Money during the Lightning Round segment, in which the Mad Money host inaccurately claimed that ZJK had “flat revenues” over the past three years.
During the “Lightning Round” segment, a caller asked Cramer about ZJK Industrial, to which he responded:
“I know because of the NVIDIA connection. I have to tell you, they have flat revenues for the last three years - sounds a little like SoundHound. I’m going to take a pass on that one.”
ZJK Revenue Growth Data
Contrary to Cramer’s statement, ZJK’s revenues have consistently increased year over year. As previously stated in a February 25th, 2025 press release, preliminary data from the Company’s unaudited financials for the fiscal year ending December 31st, 2024, indicates that ZJK’s revenue grew by more than
"While we appreciate the opportunity to be featured on Mad Money and understand the fast-paced nature of the program, ZJK has achieved more than
About ZJK Industrial Co., Ltd.
ZJK Industrial Co., Ltd. is a high-tech enterprise specializing in the manufacturing and sale of precision fasteners, structural parts and other precision metal parts applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems, medical and liquid cooling systems used in artificial intelligence supercomputers. With over fourteen years in the precision metal parts manufacturing industry, the Company maintains a skilled professional team, a series of highly automated and precision manufacturing equipment, stable and strong customer group, and complete quality management systems. ZJK mainly offers standard screws, precision screws and nuts, high-strength bolts and nuts, turning parts, stamping parts and Computer Numerical Control (CNC) machining parts, CNC milling parts, high precision structural components, Surface Mounting Technology (SMT) for miniature parts packaging, and technology service for research and development from a professional engineering team. For more information, please visit the Company's website at https://ir.zjk-industrial.com/.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions in this announcement. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
ZJK Industrial Co., Ltd.
Phone: +86-755-28341175
Email: ir@zjk-industrial.com
Daniel Kennedy – U.S. Director of Business Development
Phone: +1 (646) 256-3453
Email: daniel.k@zjk-industrial.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
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