CIX Earnings Drop Y/Y in Q4 as Security Products Sales Decline
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CompX International reported a year-over-year decline in Q4 earnings due to decreased sales in its Security Products segment, despite growth in Marine Components. The company's full-year revenues and profits also saw a decline.
March 10, 2025 | 5:00 pm
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CompX International's Q4 earnings fell year-over-year due to a decline in Security Products sales, although Marine Components saw growth. The full-year financial performance also showed a decline in revenues and profits.
The decline in Q4 earnings and full-year revenues and profits is likely to negatively impact CIX's stock price in the short term. The growth in Marine Components is a positive, but the overall financial performance is down.
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