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Compx International, Inc. - CIX STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Compx International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Compx International's position in the market.

Rhea-AI Summary
CompX International Inc. (CIX) raises its regular quarterly dividend by $0.05 per share to $0.30. The dividend is payable on March 19, 2024, to stockholders of record as of March 11, 2024. CompX is a prominent manufacturer of security products and recreational marine components.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.37%
Tags
dividends
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.37%
Tags
earnings
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News
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.64%
Tags
earnings
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.64%
Tags
dividends
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.59%
Tags
dividends
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.59%
Tags
earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
dividends
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News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
dividends
Compx International, Inc.

NYSE:CIX

CIX Rankings

CIX Stock Data

423.10M
1.50M
87.79%
7.64%
0.18%
Totalizing Fluid Meter and Counting Device Manufacturing
Manufacturing
Link
United States
Dallas

About CIX

waterloo furniture components is a warehousing company located in 9297 ottawa house dr, west olive, mi, united states.