Marine Products Corp Reveals Retreat In Q2 Bottom Line

Marine Products Corp (MPX) reported earnings for second quarter that decreased from the same period last year

The company's earnings came in at $5.59 million, or $0.14 per share. This compares with $14.32 million, or $0.42 per share, in last year's second quarter.

The company's revenue for the quarter fell 40.1% to $69.55 million from $116.16 million last year.

Marine Products Corp earnings at a glance (GAAP) :

-Earnings (Q2): $5.59 Mln. vs. $14.32 Mln. last year.
-EPS (Q2): $0.14 vs. $0.42 last year.
-Revenue (Q2): $69.55 Mln vs. $116.16 Mln last year.

by RTTNews Staff Writer

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