CompX (CIX) Earnings Increase Y/Y in Q2, Revenues Decline
CompX(CIX) ZACKS·2024-08-08 00:55
CompX International Inc. (CIX) has reported its financial results for the second quarter of 2024, showcasing an impressive year-over-year increase in earnings per share and significant strategic financial moves. The company's performance was bolstered by strong growth in its Security Products segment, partially offset by challenges in the Marine Components segment. Additionally, CompX announced a substantial increase in its regular quarterly dividend and a special dividend, reflecting its robust cash flow a ...