CompX Q3 net sales down 17% to $33.6M; EPS $0.28 vs $0.47; declares $0.30 dividend

COMPX INTERNATIONAL INC

2024-Q3 EPS reported $0.98 revenue$107,525,000

Q3 2024 net sales of $33.6M, down 16.6% from $40.3M in Q3 2023.
Operating income of $3.3M, down 50% from $6.6M in Q3 2023.
Net income of $3.5M ($0.28 EPS) vs $5.8M ($0.47 EPS) in Q3 2023.
Declared regular quarterly dividend of $0.30 per share, payable Dec 10, 2024 to holders of record Nov 29.
Decline driven by lower Security Products sales to a government customer pilot project not recurring and lower Marine Components sales to towboat market.

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