MPX News and Press, Marine Products Corporation From 01/27/21

Marine Products (MPX): Q4 GAAP EPS of $0.21 beats by $0.04.Revenue of $71.11M (+47.6% Y/Y) beats by $6.61M.Press Release For further details see: Marine Products EPS beats by $0.04, beats on revenue

Marine Products (MPX) declares $0.10/share quarterly dividend, 25% increase from prior dividend of $0.08.Forward yield 2.42%Payable March 10; for shareholders of record Feb. 10; ex-div Feb. 9.See MPX Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Marine...

Marine Products Corporation Reports Fourth Quarter 2020 Financial Results PR Newswire ATLANTA , Jan. 27, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter and year ended December 31 , 2020.  Mari...

Marine Products Corporation Announces 25 Percent Increase in Regular Quarterly Cash Dividend PR Newswire ATLANTA , Jan. 27, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a 25 percent in...

Marine Products Corporation Announces Date for Fourth Quarter 2020 Financial Results and Conference Call PR Newswire ATLANTA , Jan. 8, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for...

Marine Products Corporation Board of Directors Appoints New Director Patrick J. Gunning ATLANTA , Dec. 15, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) today announced the appointment of Patrick J. Gunning to the Board of Directors of the Company...

Marine Products Corporation Board of Directors Appoints New Director Susan Bell ATLANTA , Dec. 15, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) today announced the appointment of Susan Bell to the Board of Directors of the Company effecti...

With boat sales surging, Marine Products Corporation (MPX) relative performance compared to the industry has been lackluster. MPX has a significant market share in the sterndrive market. For the past years, sales in sterndrive boats have been declining at a steady rate, offset by high...

Marking its most profitable 1Q21, MasterCraft Boat Holdings ([[MCFT]] +8.7%) reported a 10.9% Y/Y increase in net income to $9.6M or $0.51/diluted share; diluted adj. net income per share rose 7.4% to $0.58.Adj. EBITDA grew 6.8% to $17M.Net sales were down 5.5% to $103.7M led by lower sa...

Marine Products (MPX) is down 10.68% after the Q3 earnings report, where revenue of $68.78M (-4.8% Y/Y) miss consensus by 3.18M.The top-line decline was due to 10.4% reduction in the number of units sold during the quarter; however, partially 7.8% increase in the average sellin...