SVT News and Press, Servotronics Inc. From 11/14/22

Entrenched SVT Board Dismisses Star Equity’s Proposal in Neglect of its Fiduciary Duty Incumbents Not Focused on Maximizing Shareholder Value OLD GREENWICH, Conn., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Star Equity Fund, LP (“Star Equity Fund”, “...

Summary Servotronics' aerospace supply business, Advanced Technology Group, is the company's crown jewel. Historical mismanagement has produced stagnate returns for several years. The company has multiple activist investors who have already made sweeping changes, including a n...

SERVOTRONICS, INC. PROVIDES LETTER TO STAKEHOLDERS PR Newswire ELMA, N.Y. , Nov. 1, 2022 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today made avai...

Servotronics press release ( NYSE: SVT ): Q2 GAAP EPS of -$0.33. Revenue of $11.23M (+12.0% Y/Y). Revenue expected to increase in the third quarter of 2022 driven by increasing order volume from Servotronics' Advanced Technology Group. For further details see: ...

Servotronics ( NYSE: SVT ): Q2 GAAP EPS of -$0.33. Revenue of $11.2M (+11.7% Y/Y). For further details see: Servotronics GAAP EPS of -$0.33, revenue of $11.2M

Servotronics Announces Financial Results for Second Quarter 2022 Including 12% Growth in Revenue PR Newswire -- Revenue expected to increase in the third quarter of 2022 driven by increasing order volume from Servotronics' Advanced Technology Group -- ELMA, N...

Election Results Confirm Significant Shareholder Frustration Calls on Ed Cosgrove and Lucion Gygax to Resign OLD GREENWICH, Conn., June 23, 2022 (GLOBE NEWSWIRE) -- Star Equity Fund, LP (“Star Equity Fund”, “we”, “our”), a shar...

Stock market volatility reminds us that long-term stock market success requires a certain detachment and tolerance for short-term pain. Lynch was a bottom-up stock-picker who looked for good companies selling at attractive prices. Companies with better prospects should sell with h...

OLD GREENWICH, Conn., May 24, 2022 (GLOBE NEWSWIRE) -- Star Equity Fund, LP (“Star Equity Fund”, “we”, “our”), a shareholder of Servotronics, Inc. (NYSE American: SVT) (“Servotronics” or “the Company”) that seeks to unloc...

Servotronics press release (NYSE:SVT): Q1 GAAP EPS of $0.13. Revenue of $11.17M (+23.3% Y/Y). Growth in consolidated revenue is expected to continue in the second quarter and first half of 2022, compared to the same periods last year, driven primarily by anticipated increases in ATG revenue a...