Marine Prods Q2 EPS $0.42 Up From $0.29 YoY, Sales $116.16M Up From $95.81M YoY
Portfolio Pulse from Benzinga Newsdesk
Marine Products Corporation (NYSE:MPX) reported Q2 earnings of $0.42 per share, a 44.83% increase YoY. The company also reported sales of $116.16 million, a 21.23% increase YoY.
July 26, 2023 | 10:48 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Marine Products Corporation reported a significant increase in Q2 earnings and sales YoY.
The reported increase in earnings and sales indicates a strong financial performance by Marine Products Corporation. This is likely to have a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100