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PORTLAND, Ore., July 31, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced its financial results for the fiscal year ended May 31, 2019. For the year ended May 31, 2019, the Company reported consolidated revenue of $13,810,161, compared to $13,888,063 and $1...
PORTLAND, Ore., July 02, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) announced today that the Company’s Board of Directors (the “Board”) has adopted a stockholder rights plan in an effort to protect its net operating loss carryforwards (“NOLs...
PORTLAND, Ore., July 02, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) announced today that the Company’s Board of Directors (the “Board”) has adopted a stockholder rights plan in an effort to protect its net operating loss carryforwards (“NOLs...
PORTLAND, Ore., June 26, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced the appointment of Steven Strom as the fifth member of the Company’s Board of Directors (the “Board”) effective June 21, 2019. Steven Strom is an “independen...
PORTLAND, Ore., April 30, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced results from a recent survey the Company conducted regarding its Schmitt Dynamic Balance System® (“SBS”) product line and the Company’s service in the grindin...
PORTLAND, Ore., April 16, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced the relaunch of the Xact® website. Xact, part of the Schmitt Industries family of products, provides industry-leading remote tank monitoring for fuel distributors. Its products...
Schmitt Industries (NASDAQ: SMIT ): Q3 Non-GAAP EPS of $0.06; GAAP EPS of -$0.12. More news on: Schmitt Industries, Inc., Earnings news and commentary, Tech stocks news, , Read more ...
PORTLAND, Ore., April 10, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced its operating results for the third quarter of Fiscal 2019. Highlights of the three and nine months ended February 28, 201...
PORTLAND, Ore., Feb. 18, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced promotion and expansion plans for Schmitt Europe Limited (SEL), which will further position the company with its focus on the European grinding market. Tim Wood has accepted the role...
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SCHMITT INDUSTRIES ANNOUNCES AMPLE HILLS FURLOUGH PR Newswire PORTLAND, Ore. , Dec. 19, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced that Ample Hills Creamery will be shutting down operations for at least a week, effective immedia...
SAN DIEGO, Dec. 06, 2022 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in shares of Schmitt Industries, Inc. (NASDAQ: SMIT). Investors who purchased in excess of $100,000 in shares of Schmitt Industries, Inc. (NASDAQ: SMIT) hav...
SCHMITT INDUSTRIES APPOINTS KRISTI FRANK TO ITS BOARD PR Newswire PORTLAND, Ore. , Nov. 16, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced the appointment of Kristi Frank as the fourth member of the Company's Board of Dir...