Greystone reports net income $2.7M for H1 FY2024; EPS $0.09 vs $0.03

GREYSTONE LOGISTICS, INC.

2023-Q2 EPS reported $0.08 revenue$33,010,707

Net income for six months ended Nov 30, 2023: $2,709,045, up from $1,186,494; EPS $0.09 vs $0.03.
Three-month net income $964,826 vs loss $(187,247) last year; EPS $0.03 vs $(0.01).
EBITDA for six months: $7,442,509 vs $4,672,430; sales $33.0M vs $31.1M.
Gross margin improved to 21.8% from 11.9% for six months; 20.1% vs 10.1% for quarter.
Added two in-house salesmen; secured new tool order under three-year contract.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GREYSTONE LOGISTICS, INC. reported six and three months ended November 30, 2023 results: revenue Sales for the six months ended November 30, 2023, were $33,010,707 compared to sales of $31,055,273 in the prior period., net income Net income was $2,709,045 and $1,186,494 for the six months ended November 30, 2023 and 2022, respectively., EPS Greystone reported earnings per share of common stock for the six months ended November 30, 2023, of $0.09 compared to $.

Period: six and three months ended November 30, 2023
Revenue: Sales for the six months ended November 30, 2023, were $33,010,707 compared to sales of $31,055,273 in the prior period.
Net income: Net income was $2,709,045 and $1,186,494 for the six months ended November 30, 2023 and 2022, respectively.
EPS: Greystone reported earnings per share of common stock for the six months ended November 30, 2023, of $0.09 compared to $
Result: reported results

Exact text from the filing

Greystone reported earnings per share of common stock for the six months ended November 30, 2023, of $0.09 compared to $0.03 for the six months ended November 30, 2022. Net income was $2,709,045 and $1,186,494 for the six months ended November 30, 2023 and 2022, respectively.

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Source: SEC EDGAR

accession 0001437749-24-001649

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