Servotronics, Inc. Announces Second Quarter Results For The Period Ended June 30, 2019
Servotronics, Inc. (SVT)
NASDAQ:AMEX Investor Relations:
servotronics.com/investor-relations
Company Research
Source: PR Newswire
ELMA, N.Y., Aug. 15, 2019 /PRNewswire/ -- Servotronics, Inc. (NYSE American: SVT) a designer and manufacturer of servo-control components and other advanced technology products announced today the results of its operations for the quarter ended June 30, 2019.Revenues for the quarter were $14,067,000, approximately a 17.8% increase from $11,946,000 for the same period in 2018. The increase in revenue is the result of increases in commercial shipments at both the ATG and CPG. In addition, the ATG increased government shipments partially offset by the decrease in government shipments at the CPG. Net income was $714,000 (or $0.31 per share Basic and $0.30 Diluted) for the second quarter ended June 30, 2019 compared to net income of $707,000 (or $0.31 per share Basic and $0.30 Diluted) for the comparable period ended June 30, 2018."We are pleased to report stronger second quarter revenues than a year ago and as we have reported over the last few quarters, we continue to see positive sig
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Sec Filings
- 11/8/24 - Form 10-Q
- 10/15/24 - Form SCHEDULE
- 9/20/24 - Form 8-K
- SVT's page on the SEC website