The Eastern Company Reports Second Quarter 2024 Results [Yahoo! Finance]
Eastern Company (The) (EML)
US:NASDAQ Investor Relations:
easterncompany.com
Company Research
Source: Yahoo! Finance
Gross margin increases to 25% in Q2 2024 compared to 22% in Q1 2023. Backlog as of June 29, 2024 rises 43% to $107.3 million from $75.3 million as of July 1, 2023. SHELTON, CT / ACCESSWIRE / August 6, 2024 / The Eastern Company ("Eastern") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced the results of operations for the second fiscal quarter ended June 29, 2024. President and CEO Mark Hernandez stated, "Our second quarter results reflect some of the progress we have made in enhancing portions of our business operations over the past 18 months, although much remains to be done. Many of our initiatives have improved gross margins, increased our agility, and enhanced customer relationships. As a result, we were ready to address some specific customer needs when those customers experienced supply chain disruptions. Our ability to react quickly will lead to continuing
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News
- The Eastern Company (NASDAQ:EML) is a favorite amongst institutional investors who own 63% [Yahoo! Finance]Yahoo! Finance
- Zurich insurance posts record profits, but shares dip on catastrophe worries [Yahoo! Finance]Yahoo! Finance
- Eastern (EML) Q2 Earnings Rise Y/Y on Strong Truck Mirror Sales [Yahoo! Finance]Yahoo! Finance
- The Eastern Company Reports Second Quarter 2024 ResultsAccesswire
- The Eastern Company (NASDAQ: EML) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
EML
Sec Filings
- 9/20/24 - Form SC
- 9/17/24 - Form 4
- 9/17/24 - Form 4
- EML's page on the SEC website