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COMPX REPORTS FIRST QUARTER 2023 RESULTS - Seite 3
Investor Relations Contact
Bryan A. Hanley
Senior Vice President and Treasurer
Tel. 972-233-1700
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COMPX INTERNATIONAL INC.
SUMMARY OF CONSOLIDATED OPERATIONS
(In millions, except per share amounts)
Three months ended | |||||
March 31, | |||||
2022 | 2023 | ||||
(unaudited) | |||||
Net sales | $ | 42.1 | $ | 41.2 | |
Cost of sales | 30.0 | 28.5 | |||
Gross margin | 12.1 | 12.7 | |||
Selling, general and administrative expense | 5.8 | 5.7 | |||
Operating income | 6.3 | 7.0 | |||
Interest income | .2 | 1.0 | |||
Income before taxes | 6.5 | 8.0 | |||
Provision for income taxes | 1.5 | 1.9 | |||
Net income | $ | 5.0 | $ | 6.1 | |
Basic and diluted net income per common share | $ | .40 | $ | .49 | |
Weighted average diluted common shares outstanding | 12.4 | 12.3 |
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