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P&F INDUSTRIES TO REPORT RESULTS FOR THE THREE MONTH PERIOD ENDED SEPTEMBER 30, 2023

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P&F Industries to release Q3 2023 results and cancels earnings call due to acquisition agreement
Positive
  • P&F Industries plans to release its Q3 2023 results on November 9, 2023
  • The company has entered into a definitive agreement to be acquired by ShoreView Industries
Negative
  • The company will not be holding an earnings call on the day of the earnings release

MELVILLE, N.Y., Oct. 19, 2023 /PRNewswire/ -- P&F Industries, Inc. (NASDAQ GM: PFIN), plans to release its results for the three-month period ended September 30, 2023, before the market opens on Thursday, November 9, 2023.

The Company, however, will not be holding an earnings call that it normally would hold on the day of an earnings release in light of the recent announcement that it has entered into a definitive agreement to be acquired by ShoreView Industries.

For further information on this proposed transaction, please see the Company's press release issued on October 13, 2023, or the Company's Current Form 8-K filed with the Securities and Exchange Commission on such date.

About P&F Industries Inc.

P&F Industries, Inc., through its wholly owned subsidiaries, is a leading manufacturer and importer of air-powered tools and accessories sold principally to the aerospace, industrial, automotive and retail markets. P&Fs products are sold under its own trademarks, as well as under the private labels of major manufacturers and retailers.

Cision View original content:https://www.prnewswire.com/news-releases/pf-industries-to-report-results-for-the-three-month-period-ended-september-30-2023-301962375.html

SOURCE P&F Industries, Inc.

FAQ

When will P&F Industries release its Q3 2023 results?

P&F Industries plans to release its Q3 2023 results on November 9, 2023.

Who is acquiring P&F Industries?

P&F Industries has entered into a definitive agreement to be acquired by ShoreView Industries.

Why is P&F Industries not holding an earnings call?

P&F Industries will not be holding an earnings call due to the recent announcement of its acquisition agreement with ShoreView Industries.

P&F Industries, Inc.

NASDAQ:PFIN

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41.52M
2.96M
51.05%
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Hardware Manufacturing
Manufacturing
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United States
Melville

About PFIN

p&f industries, inc., through its subsidiaries, designs, imports, and sells pneumatic hand tools primarily to the retail, industrial, automotive, and aerospace markets primarily in the united states. the company offers sanders, grinders, drills, saws, and impact wrenches under the florida pneumatic, universal tool, jiffy air tool, aircat, and nitrocat names, as well as under private label trade names through in-house sales personnel and manufacturers' representatives to retailers, distributors, manufacturers, and private label customers. it also designs, manufactures, and distributes heavy-duty pneumatic impact tools, grinders, air motors, hydro-pneumatic riveters, hydrostatic test plugs, impact sockets, custom gears, accessories, and various replacement parts under the atp, numatx, thaxton, and quality gear brands directly to original equipment manufacturers, as well as through a network of specialized industrial distributors serving power generation, petrochemical, aerospace, constru