secwatch.observer — SEC 8-K summary
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Issuer:     COMPX INTERNATIONAL INC (CIX)
CIK:        0001049606
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001049606-23-000020
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CompX Q2 sales down 12% to $36.6M; net income falls to $0.33/share from $0.50
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- Q2 2023 net sales $36.6M vs $41.6M YoY; operating income $4.4M vs $7.7M.
- Net income $4.0M ($0.33 per share) compared to $6.2M ($0.50) a year ago.
- First-half 2023 sales $77.8M; net income $10.1M ($0.82) vs $11.2M ($0.90).
- Decline driven by lower Security Products sales to government market and Marine Components to towboat market.
- Board declares regular quarterly dividend of $0.25 per share, payable Sept 12, 2023, record Sept 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1049606/000104960623000020/0001049606-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1049606/000104960623000020/cik-20230801x8k.htm
  HTML page:      https://secwatch.observer/filing/0001049606-23-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer