COMPX REPORTS THIRD QUARTER 2023 RESULTS
Dallas, Texas, Nov. 01, 2023 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today sales of $40.3 million for the third quarter of 2023 compared to $42.9 million in the same period of 2022.
- Dallas, Texas, Nov. 01, 2023 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today sales of $40.3 million for the third quarter of 2023 compared to $42.9 million in the same period of 2022.
- Operating income was $6.6 million in the third quarter of 2023 compared to $6.0 million in the same period of 2022.
- For the nine months ended September 30, 2023, sales were $118.1 million compared to $126.6 million in the previous year.
- Third quarter and year-to-date 2023 net sales decreased over the comparable 2022 periods predominantly due to lower Marine Components sales primarily to the towboat market, partially offset by higher Security Products sales in the third quarter of 2023.