CompX International (CIX) News & Sentiment

CompX International's earnings for the fourth quarter decreased compared to last year due to a drop in sales of Security Products, although Marine Components saw an increase. Overall, the company's revenues and profits for the entire year also went down.

CompX International's Q4 earnings fall y/y on lower Security Products sales while Marine Components grow. Full-year revenues and profits decline.

Dallas, Texas, March 05, 2025 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American:  CIX) announced today that its board of directors has declared CompX's regular quarterly dividend of thirty cents ($0.30) per share on its class A common stock, payable on March 25, 2025 to stockholders of record at the close of business on March 17, 2025.

TORONTO--(BUSINESS WIRE)---- $CIX #CIFinancial--CI Financial announces that an overwhelming majority of CI shareholders voted in favour of the transaction with Mubadala Capital.

Press Release Nokia selected by DE-CIX to upgrade New York's largest Internet Exchange backbone  New York's largest Internet Exchange to receive 400GE backbone upgrade and 800GE support as network ecosystem grows, resulting in greater router flexibility and operational resilience. Nokia optical solution offers improved flexibility, faster incident response times, and seamless customer experience with no service interruptions.

TORONTO--(BUSINESS WIRE)---- $CIX #CIFinancial--CI Financial receives an interim court order concerning the transaction under which CI shares will be acquired by an affiliate of Mubadala Capital.

TORONTO--(BUSINESS WIRE)---- $CIX #CIFinancial--CI Financial has been named one of Greater Toronto's Top Employers for 2025, which recognizes employers with forward-thinking workplace policies.

The market has responded by rewarding it with a share price appreciation of 91% since 2019, compared to 88% for the S&P 500. CompX enjoys a share price return of nearly 11% and a TSR of nearly 23% compared to over 21% and nearly 21.3% respectively for the SPY. In the TTM, the firm has generated $22.3 million in FCF, with a very attractive yield of 8.2%.

Dallas, Texas, Nov. 06, 2024 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today sales of $33.6 million for the third quarter of 2024 compared to $40.3 million in the same period of 2023. Operating income was $3.3 million in the third quarter of 2024 compared to $6.6 million in the same period of 2023. Net income was $3.5 million, or $.28 per basic and diluted common share, for the third quarter of 2024 compared to $5.8 million, or $.47 per basic and diluted common share, in the same period of 2023.