SCI Engineered Materials Inc. Reports Q3 Revenue Up 36% to $5.29 Million

Reuters
Oct 31, 2025
<a href="https://laohu8.com/S/SCIA">SCI Engineered</a> Materials Inc. Reports Q3 Revenue Up 36% to $5.29 Million

SCI Engineered Materials Inc. reported revenue of $12.4 million for the first nine months of 2025, a decrease of 30% compared to $17.8 million in the same period of 2024. The decline was attributed to product mix, lower raw material costs, and lower volume. For the third quarter of 2025, revenue increased 36% to $5.3 million from $3.9 million in the third quarter of 2024, driven by higher volume and product mix. Gross profit for the third quarter of 2025 was $1.3 million, up 22% from $1.1 million a year earlier. Operating expenses for the first nine months of 2025 were $2.4 million, a 2% increase from $2.3 million in the same period last year. Third quarter operating expenses rose 8% to $0.8 million from $0.7 million in 2024, mainly due to increased staff, compensation, and rent. Net interest income for the first nine months of 2025 rose 15% to $0.3 million from $0.3 million in 2024. Net income for the nine-month period was $1.2 million, 17% lower than $1.4 million a year earlier. For the third quarter, net income increased 42% to $0.5 million from $0.4 million in the prior year. Net income per diluted share was $0.26 for the nine months ended September 30, 2025, compared to $0.31 in 2024. Third quarter net income per diluted share was $0.11, up from $0.08 in the same period last year. SCI management noted increased third quarter orders and a strong order backlog. The company updated its long-term strategy during the quarter, identifying new market opportunities, investing in manufacturing equipment, and developing targeted marketing initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SCI Engineered Materials Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1093719) on October 31, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10