---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-001649"
form_type: "8-K"
ticker: "GLGI"
cik: "0001088413"
company_name: "GREYSTONE LOGISTICS, INC."
filed_at: "2024-01-19T23:59:59+00:00"
generated_at: "2026-06-06T21:01:24.066423+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-24-001649
- form_type: 8-K
- ticker: GLGI
- cik: 0001088413
- company_name: GREYSTONE LOGISTICS, INC.
- filed_at: 2024-01-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1088413/000143774924001649/0001437749-24-001649-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1088413/000143774924001649/glgi20240117_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-001649
- JSON: https://secwatch.observer/filing/0001437749-24-001649.json
- Plain text: https://secwatch.observer/filing/0001437749-24-001649.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1088413/000143774924001649/0001437749-24-001649-index.htm

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