Yahoo Finance Marine Products First Quarter 2024 Earnings: EPS: US$0.13 (vs US$0.34 in 1Q 2023)
Marine Products (NYSE:MPX) First Quarter 2024 Results
Key Financial Results
Revenue: US$69.3m (down 42% from 1Q 2023).
Net income: US$4.60m (down 60% from 1Q 2023).
Profit margin: 6.6% (down from 9.7% in 1Q 2023). The decrease in margin was driven by lower revenue.
EPS: US$0.13 (down from US$0.34 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Marine Products shares are up 3.4% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Marine Products that you need to take into consideration.
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