Eastern Company Aktie News

SHELTON, CT / ACCESSWIRE / April 25, 2024 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable June 17, 2024, to common shareholders of record as of May 15, 2024. This dividend represents the Company's 335th consecutive quarterly dividend.

SHELTON, CT / ACCESSWIRE / April 22, 2024 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, will release financial results for the first quarter fiscal year 2024 after the market close on Monday, May 6, 2024. Management will hold a conference call and webcast on Tuesday, May 7...

SHELTON, CT / ACCESSWIRE / April 5, 2024 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, will conduct its Annual Meeting of Shareholders virtually on Thursday, April 25, 2024. For those who cannot listen to the live broadcast, a replay of the webcast will be made available.

The Eastern Company (EML) Q4 2023 Earnings Call Transcript

Gross Margin increased sequentially in each quarter of 2023, rising to 26.8% in Q4 2023 compared to 16.6% in Q4 2022. Cash flow from operations for the year ended December 30, 2023 increased $19.0 million compared to fiscal 2022, enabling debt paydown of $20.2 million.

SHELTON, CT / ACCESSWIRE / February 20, 2024 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, will release financial results for the fourth quarter and fiscal year 2023 after the market close on Tuesday, March 12, 2024. Management will hold a conference call and webcast on We...

SHELTON, CT / ACCESSWIRE / February 5, 2024 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable March 15, 2024, to common shareholders of record as of February 15, 2024. This dividend represents the Company's 334th consecutive quarterly dividend.

The Eastern Company recently appointed a new CEO and CFO, which have ambitious margin improvement plans. The company is well-positioned to benefit from the growth of the Internet of Things sector. Despite a decrease in revenue, the company's gross profit remained stable and it has a strong cash flow profile.