---
schema_version: "secwatch.filing_event.v1"
accession: "0001049606-23-000027"
form_type: "8-K"
ticker: "CIX"
cik: "0001049606"
company_name: "COMPX INTERNATIONAL INC"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T01:57:03.659978+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CompX Q3 2023 net income $0.47/share vs $0.40 YoY; sales down 6% to $40.3M

## Summary
- Q3 net income $5.8M ($0.47 EPS) vs $4.9M ($0.40 EPS) a year ago; operating income rose to $6.6M.
- Q3 sales $40.3M, down from $42.9M; nine-month sales $118.1M vs $126.6M, driven by lower Marine Components sales.
- Board declared $0.25 regular quarterly dividend, payable Dec 12, record Dec 1.
- Security Products sales and gross margin improved, partially offsetting Marine Components decline.

## SEC filing metadata
- accession: 0001049606-23-000027
- form_type: 8-K
- ticker: CIX
- cik: 0001049606
- company_name: COMPX INTERNATIONAL INC
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1049606/000104960623000027/0001049606-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1049606/000104960623000027/cix-20231101x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001049606-23-000027
- JSON: https://secwatch.observer/filing/0001049606-23-000027.json
- Plain text: https://secwatch.observer/filing/0001049606-23-000027.txt

## Key facts
- Earnings Releases
  COMPX INTERNATIONAL INC reported third quarter of 2023 results: revenue $40.3 million, net income $5.8 million, EPS $.47 per basic and diluted common share.
  - Period: third quarter of 2023
  - Revenue: $40.3 million
  - Net income: $5.8 million
  - EPS: $.47 per basic and diluted common share
  - Result: reported results
  source text: 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. Net income was $5.8 million, or $.47 per basic and diluted common share, for the third quarter of 2023 compared to $4.9 million, or $.40 per basic and diluted common share, in the same period of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1049606/000104960623000027/0001049606-23-000027-index.htm
- Earnings Releases
  COMPX INTERNATIONAL INC reported nine months ended September 30, 2023 results: revenue $118.1 million, net income $15.9 million, EPS $1.29 per diluted share.
  - Period: nine months ended September 30, 2023
  - Revenue: $118.1 million
  - Net income: $15.9 million
  - EPS: $1.29 per diluted share
  - Result: reported results
  source text: For the nine months ended September 30, 2023, sales were $118.1 million compared to $126.6 million in the previous year. Operating income was $18.0 million for the first nine months of 2023 compared to $20.0 million for the same period in 2022. Net income for the nine months ended September 30, 2023, was $15.9 million or $1.29 per diluted share, compared to $16.1 million, or $1.30 per diluted share, for the same period in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1049606/000104960623000027/0001049606-23-000027-index.htm
- Governance Changes
  COMPX INTERNATIONAL INC: Board amended and restated bylaws effective November 1, 2023, with changes including enhanced stockholder nomination procedures, updated advance notice window, clarifications on special meetings, and other updates (effective 2023-11-01).
  - Change: bylaw amendment
  - Effective: 2023-11-01
  source text: At its meeting on November 1, 2023, the registrant’s board of directors amended and restated the registrant’s bylaws effective November 1, 2023, to make changes as described below.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1049606/000104960623000027/0001049606-23-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.