earnings
confidence high
sentiment negative
materiality 0.70
Marine Products Q3 sales +7% to $53.1M, net income -22% to $2.7M; declares $0.14 dividend
MARINE PRODUCTS CORP
2025-Q3 EPS
reported $0.25
vs consensus $0.10
▲ beat
(+150.0%)
- Diluted EPS $0.07 vs $0.10 in 3Q24; net income margin down 180 bps to 5.0%.
- EBITDA $3.7M (-15% YoY); EBITDA margin 6.9% (-170 bps).
- SG&A $7.4M (+31% YoY) driven by new-product R&D and warranty cost adjustments.
- Cash $47.4M, no debt; free cash flow $10.8M YTD; FY 2025 capex guided $1.0-1.5M.
- Regular quarterly dividend of $0.14/share payable Dec 10 to holders of record Nov 10.