CompX International Q4 revenue dips due to lower Security Products sales

Reuters
03/05
CompX International Q4 revenue dips due to lower Security Products sales

Overview

  • Security products and marine components maker's Q4 net sales fell yr/yr due to lower healthcare sales

  • Q4 operating income rose yr/yr, driven by higher Marine Components sales and improved margins

Outlook

  • CompX International did not provide specific guidance for future periods in press release

Result Drivers

  • SECURITY PRODUCTS DECLINE - Q4 net sales decreased due to lower Security Products sales to the healthcare market

  • MARINE COMPONENTS GROWTH - Higher Marine Components sales to the industrial market boosted Q4 operating income

  • FULL-YEAR SALES INCREASE - Full-year sales growth driven by higher Security Products sales to government market and Marine Components sales to multiple markets

Company press release: ID:nGNE1k07y8

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

$37.70 mln

Q4 Net Income

$4.70 mln

Q4 Operating income

$5.60 mln

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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