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SVT News and Press, Servotronics Inc. From 05/23/23

Stock Information

Company Name: Servotronics Inc.
Stock Symbol: SVT
Market: NYSE
Website: servotronics.com

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SVT - Star Equity Fund Launches Proxy Solicitation at Servotronics

Urges All Shareholders to Vote the WHITE Proxy Card Today to Elect Mark Pomeroy and Rick Coleman to SVT’S Board at Upcoming Annual Meeting OLD GREENWICH, Conn., May 23, 2023 (GLOBE NEWSWIRE) -- Star Equity Fund, LP (“Star Equity” or “we&#x...

SVT - Servotronics GAAP EPS of -$0.63, revenue of $10.8M

2023-05-15 12:45:16 ET Servotronics press release ( NYSE: SVT ): Q1 GAAP EPS of -$0.63. Revenue of $10.8M (-3.6% Y/Y). For further details see: Servotronics GAAP EPS of -$0.63, revenue of $10.8M

SVT - Servotronics Announces First Quarter 2023 Financial Results

Servotronics Announces First Quarter 2023 Financial Results PR Newswire -- Sales and gross margin reflect sequential improvement over fourth quarter of 2022 -- ELMA, N.Y. , May 15, 2023 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a des...

SVT - Servotronics Sends Letter to Shareholders

Servotronics Sends Letter to Shareholders PR Newswire -- Urges Shareholders to Vote "FOR" ALL of Servotronics' Highly-Qualified Directors on the BLUE Proxy Card – -- Highlights Strategy to Create Shareholder Value and Refreshed Board of Directors -- ...

SVT - Servotronics names Robert Fraass CFO, replacing Lisa Bencel

2023-04-26 17:33:35 ET Servotronics ( NYSE: SVT ) said Wednesday Robert Fraass has been appointed chief financial officer effective May 1, 2023. Fraass replaces Lisa Bencel who will be leaving the company in May. Fraass was most recently ...

SVT - Servotronics Appoints Robert Fraass as Chief Financial Officer

Servotronics Appoints Robert Fraass as Chief Financial Officer PR Newswire ELMA, N.Y. , April 26, 2023 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products a...

SVT - Servotronics Announces Strategic Vision to Maximize Long-Term Shareholder Value

Servotronics Announces Strategic Vision to Maximize Long-Term Shareholder Value PR Newswire -- Progress throughout 2022 Supports Focus on Core Business to Drive Long-term Profitable Growth -- ELMA, N.Y. , April 4, 2023 /PRNewswire/ -- Servotronics, In...

SVT - Servotronics GAAP EPS of -$0.88, revenue of $43.8M

2023-03-31 09:07:52 ET Servotronics press release ( NYSE: SVT ): FY GAAP EPS of -$0.88. Revenue of $43.8M (+7.9% Y/Y). Consolidated gross profit was $5.9 million or 13.6% of revenue in 2022, compared with $6.0 million or 14.8% for 2021. Selling, General and Adminis...

SVT - Servotronics Announces 2022 Financial Results

Servotronics Announces 2022 Financial Results PR Newswire -- Servotronics highlights sales growth and improved operating results for the full year -- ELMA, N.Y. , March 31, 2023 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a designer an...

SVT - Servotronics mulls strategic alternatives for its unit housing the Ontario Knife Company

2023-03-30 18:13:44 ET Servotronics ( NYSE: SVT ) on Thursday said it was looking at strategic alternatives for its consumer products group, as it was looking to focus on its core aerospace markets. SVT's consumer products group consists of the Ontario Knife Company, a more th...

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