secwatch.observer — SEC 8-K summary
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Issuer:     GREYSTONE LOGISTICS, INC. (GLGI)
CIK:        0001088413
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0001437749-24-001649
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1088413/000143774924001649/0001437749-24-001649-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1088413/000143774924001649/glgi20240117_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-001649

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer