CompX Q4 net sales fall 11% to $38.4M; EPS $0.37 vs $0.54, FY net income down 27%

COMPX INTERNATIONAL INC

Q4 sales $38.4M (-11% YoY); operating income $4.9M (-34%); net income $4.5M (-33%).
FY 2024 sales $145.9M (-9.6%); net income $16.6M (-27%); EPS $1.35 vs $1.84.
Decline driven by lower Security Products sales (government pilot project ended) and Marine Components weakness.
Board declares $0.30/share quarterly dividend, payable March 25 to holders of record March 17.

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