CompX International Inc. (CIX) has reported its financial results for the second quarter of 2024, showcasing an impressive year-over-year increase in earnings per share and significant strategic financial moves. The company's performance was bolstered by strong growth in its Security Products segment, partially offset by challenges in the Marine Components segment. Additionally, CompX announced a substantial increase in its regular quarterly dividend and a special dividend, reflecting its robust cash flow a ...

COMPX REPORTS SECOND QUARTER 2024 RESULTS DALLAS, TEXAS … August 6, 2024 … CompX International Inc. (NYSE American: CIX) announced today sales of $35.9 million for the second quarter of 2024 compared to $36.6 million in the same period of 2023. Operating income was $5.1 million in the second quarter of 2024 compared to $4.4 million in the same period of 2023. Net income was $4.9 million, or $.39 per basic and diluted common share, for the second quarter of 2024 compared to $4.0 million, or $.33 per basic an ...

Dallas, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today that its board of directors has declared a special cash dividend of two dollars ($2.00) per share and a regular quarterly dividend of thirty cents ($0.30) per share, in each case on its class A common stock. The special cash dividend is payable on August 28, 2024 to stockholders of record at the close of business on August 19, 2024. The regular quarterly dividend of $0.30 per share is payable on Se ...

Dallas, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today that its board of directors has declared a special cash dividend of two dollars ($2.00) per share and a regular quarterly dividend of thirty cents ($0.30) per share, in each case on its class A common stock. The special cash dividend is payable on August 28, 2024 to stockholders of record at the close of business on August 19, 2024. The regular quarterly dividend of $0.30 per share is payable on Se ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 1-13905 COMPX INTERNATIONAL INC. (Exact name of Registrant as specified in its charter) DELAWARE 57-0981653 (State ...

Dallas, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today sales of $35.9 million for the second quarter of 2024 compared to $36.6 million in the same period of 2023. Operating income was $5.1 million in the second quarter of 2024 compared to $4.4 million in the same period of 2023. Net income was $4.9 million, or $.39 per basic and diluted common share, for the second quarter of 2024 compared to $4.0 million, or $.33 per basic and diluted common share, in ...

retouchman/iStock via Getty Images I am placing a HOLD rating on CompX International Inc. (NYSE:CIX) because I believe that CIX's share price is likely to fall in 2024 due to the conclusion of a pilot project related to the company selling security products to the United States Postal Service as well as a continued downward trend in its marine component sales. While CIX has proven itself to be a well run business which should continue to prosper on a long-term horizon, a decrease in CIX's sales figures shou ...

The Security Products segment, accounting for roughly 75% of net sales in 2023, witnessed a 9% year-overyear sales increase in the first quarter of 2024, reflecting strong demand, particularly from government projects. Despite a challenging market environment, CompX maintained a healthy gross margin of 29.4% during this period, showcasing its profitability and market resilience. However, potential investors should be aware of the challenges highlighted in the report. The outlook for 2024 presents certain ch ...

Investor Relations Contact Bryan A. Hanley Senior Vice President and Treasurer Tel. 972-233-1700 elected each of Thomas E. Barry, Loretta J. Feehan, Terri L. Herrington, Scott C. James, Ann Manix, Gina A. Norris, Michael S. Simmons and Mary A. Tidlund as a director for a one-year term; and adopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2024 annual stockholder meeting. Dallas, Texas, May 22, 2024 ...

Dallas, Texas, May 22, 2024 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today that its board of directors has declared CompX's regular quarterly dividend of thirty cents ($0.30) per share on its class A common stock, payable on June 18, 2024 to stockholders of record at the close of business on June 10, 2024. CompX also announced that at its annual stockholder meeting held on May 22, 2024, its stockholders: CompX is a leading manufacturer of security products and recreational ...