CompX(US:CIX)2025-11-05 21:18Financial Performance - Net sales for Q3 2025 were $40.0 million, a 19.0% increase from $33.6 million in Q3 2024[1][9] - Operating income for Q3 2025 was $4.8 million, up 45.5% from $3.3 million in Q3 2024[1][9] - Net income for Q3 2025 was $4.2 million, or $0.34 per share, compared to $3.5 million, or $0.28 per share, in Q3 2024[1][9] - For the nine months ended September 30, 2025, net sales increased to $120.6 million from $107.5 million in the same period of 2024, representing a 12.9% growth[2][9] - Operating income for the first nine months of 2025 was $17.0 million, a 40.5% increase from $12.1 million in the same period of 2024[2][9] - Net income for the nine months ended September 30, 2025, was $14.8 million, or $1.20 per share, compared to $12.1 million, or $0.98 per share, in the same period of 2024[2][9] Sales Growth Drivers - The increase in net sales was attributed to higher sales in Security Products and Marine Components segments[3] Company Operations - CompX operates from three locations in the U.S. and employs approximately 558 people[4] Risks and Uncertainties - The company faces risks including supply chain disruptions, raw material cost fluctuations, and competition from low-cost manufacturers[6][7] - Future results may differ due to various uncertainties, including new product development and potential litigation[5][6]