Compx Inter Stock Price, News & Analysis

CompX International (NYSE American: CIX) reported strong Q1 2025 financial results with net sales of $40.3 million, up from $38.0 million in Q1 2024. The company achieved net income of $5.1 million ($0.42 per share), compared to $3.7 million ($0.31 per share) in the same period last year. The growth was primarily driven by increased Marine Components sales in the towboat and government markets, along with higher Security Products sales in the government security sector. Operating income saw significant improvement, reaching $5.9 million, up from $3.7 million in Q1 2024. CompX, which operates from three U.S. locations with approximately 550 employees, maintains its position as a leading manufacturer of security products and recreational marine components.

CompX International (NYSE American: CIX), a leading manufacturer of security products and recreational marine components, has announced its plans to release its first quarter 2025 earnings report. The company expects to publish its financial results in a press release after market close on Tuesday, May 6, 2025, pending the completion of quarter-end closing procedures.

CompX International (NYSE American: CIX) has announced its board of directors declared a regular quarterly dividend of $0.30 per share on its class A common stock. The dividend will be payable on March 25, 2025 to stockholders of record at the close of business on March 17, 2025.

CompX, which operates as a leading manufacturer of security products and recreational marine components, maintains its consistent dividend distribution policy.

CompX International (NYSE American: CIX) reported its Q4 2024 financial results, showing a decline in performance compared to the previous year. Q4 net sales decreased to $38.4 million from $43.2 million in Q4 2023, while operating income fell to $4.9 million from $7.4 million.

Net income for Q4 2024 was $4.5 million ($0.37 per share), down from $6.7 million ($0.54 per share) in Q4 2023. For the full year 2024, net sales were $145.9 million compared to $161.3 million in 2023, with net income of $16.6 million ($1.35 per share) versus $22.6 million ($1.84 per share).

The decline was primarily attributed to lower Security Products sales to a government security customer related to a discontinued pilot project, partially offset by higher Marine Components sales to towboat and government markets.

CompX International (NYSE American: CIX) has announced that its board of directors declared a regular quarterly dividend of $0.30 per share on its class A common stock. The dividend will be paid on December 10, 2024 to stockholders of record as of the close of business on November 29, 2024. CompX operates as a leading manufacturer of security products and recreational marine components.

CompX International reported Q3 2024 financial results showing declining performance across key metrics. Sales decreased to $33.6 million from $40.3 million in Q3 2023. Operating income fell to $3.3 million from $6.6 million, while net income dropped to $3.5 million ($0.28 per share) from $5.8 million ($0.47 per share). The decline was primarily attributed to lower Security Products sales to a government security customer and reduced Marine Components sales in the towboat market. Year-to-date sales through September 30, 2024, were $107.5 million, down from $118.1 million in 2023.

CompX International Inc. (NYSE American: CIX) has announced a special cash dividend of $2.00 per share and a regular quarterly dividend of $0.30 per share on its class A common stock. The special dividend is payable on August 28, 2024 to stockholders of record as of August 19, 2024. The regular quarterly dividend will be paid on September 17, 2024 to stockholders of record as of September 6, 2024.

CompX, a leading manufacturer of security products and recreational marine components, emphasizes its commitment to balancing business growth investments with stockholder distributions. The company's strategy focuses on generating consistent healthy cash flow and maintaining a strong balance sheet, allowing for this additional cash return to shareholders while preserving financial strength for future business investments.

CompX International Inc. (NYSE American: CIX) reported its second quarter 2024 results. Sales decreased to $35.9 million from $36.6 million in Q2 2023. However, operating income increased to $5.1 million from $4.4 million, and net income rose to $4.9 million ($.39 per share) from $4.0 million ($.33 per share) year-over-year. For the first half of 2024, sales declined to $73.9 million from $77.8 million, while net income decreased to $8.6 million ($.70 per share) from $10.1 million ($.82 per share) in the same period of 2023. The company experienced lower Marine Components sales, particularly in the towboat market, offset by higher Security Products sales in the government security sector.

CompX International (NYSE American: CIX) announced a regular quarterly dividend of $0.30 per share for its class A common stock, payable on June 18, 2024, to stockholders of record on June 10, 2024.

During the annual stockholder meeting on May 22, 2024, CompX stockholders elected eight directors for a one-year term and approved, on a nonbinding advisory basis, the compensation of its named executive officers. CompX is a prominent manufacturer of security products and recreational marine components.