Marine Products Corporation Reports Third Quarter 2024 Financial Results And Declares Regular Quarterly Dividend [Yahoo! Finance]
Marine Products Corporation (MPX)
Last marine products corporation earnings: 4/29 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
marineproductscorp.com/profile
Company Research
Source: Yahoo! Finance
Non-GAAP measures , including EBITDA, EBITDA margin, and free cash flow are reconciled to the most comparable GAAP measures in the appendices of this earnings release. All comparisons are year-over-year to 3Q:23 unless stated otherwise. Third Quarter 2024 Results Net sales decreased 36% year-over-year to $49.9 million Net income was $3.4 million , down 67% year-over-year, and diluted Earnings Per Share (EPS) was ; net income margin decreased 660 basis points to 6.8% Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) was $4.3 million , down 67% year-over-year; EBITDA margin decreased 810 basis points to 8.6% Results reflected continued weakness in dealer ordering patterns given soft consumer demand; in response, the Company has reduced costs and adjusted production schedules until demand strengthens The Company continued to generate strong cash flow, ending the quarter with approximately $54 million in cash and no debt Management Commentary "As w
Show less
Read more
Impact Snapshot
Event Time:
MPX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MPX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MPX alerts
High impacting Marine Products Corporation news events
Weekly update
A roundup of the hottest topics
MPX
News
- Do These 3 Checks Before Buying Marine Products Corporation (NYSE:MPX) For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- Marine Products (NYSE:MPX) Has Affirmed Its Dividend Of $0.14 [Yahoo! Finance]Yahoo! Finance
- Marine Products Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Marine Products Corporation Reports Third Quarter 2024 Financial Results And Declares Regular Quarterly DividendPR Newswire
- Chaparral and Robalo Boats Form Exclusive Agreement with Yamaha Financial ServicesBusiness Wire
MPX
Earnings
- 10/24/24 - Beat
MPX
Sec Filings
- 10/24/24 - Form 10-Q
- 10/24/24 - Form 8-K
- 8/26/24 - Form 4
- MPX's page on the SEC website