| Marine Products (MPX) Q1 2025 Earnings Call |
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2025-04-24 18:16:08 |
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| Marine Products Corporation (MPX) Q1 2025 Earnings Call Transcript |
Marine Products Corporation (NYSE:MPX ) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Ben Palmer – President and Chief Executive Officer Mike Schmit – Chief Financial Officer Conference Call Participants Operator Good morning, and thank you for joining us for the Marine Products Corporation's First Quarter 2025 Earnings Conference Call. Today's call will be hosted by Ben Palmer, President and CEO; and Mike Schmit, Chief Financial Officer. |
seekingalpha.com |
2025-04-24 16:03:14 |
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| Marine Products Corporation Reports First Quarter Financial Results And Declares Regular Quarterly Dividend |
ATLANTA , April 24, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) (the "Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the first quarter ended March 31, 2025. * Non-GAAP measures, including EBITDA, EBITDA margin, and free cash flow are reconciled to the most comparable GAAP measures in the appendices of this earnings release. |
prnewswire.com |
2025-04-24 10:45:00 |
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| Marine Products Corporation Announces Date for First Quarter 2025 Financial Results and Conference Call |
ATLANTA , April 3, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the first quarter ended March 31, 2025 on Thursday, April 24, 2025 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Thursday, April 24, 2025 at 8:00 a.m. |
prnewswire.com |
2025-04-03 21:00:00 |
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| Marine Products Corporation: Attractive If You Can Handle The Bumpy Cruise |
Marine Products Corporation faces declining sales and profits, with shares plunging 33.7% despite a strong balance sheet and no debt. The boating industry is struggling due to lower demand, high-interest rates, and post-pandemic inventory issues, impacting Marine Products' revenue and profitability. Tariffs pose additional risks, but the company's robust cash position and potential for recovery justify a cautious 'buy' rating for risk-tolerant investors. |
seekingalpha.com |
2025-03-30 12:15:37 |
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| Marine Products Corporation (MPX) Q4 2024 Earnings Call Transcript |
Marine Products Corporation (NYSE:MPX ) Q4 2024 Earnings Call January 30, 2025 8:00 AM ET Company Participants Ben Palmer - President and Chief Executive Officer Mike Schmit - Chief Financial Officer Conference Call Participants Griffin Bryan - D.A. Davidson Operator Good morning and thank you for joining us for Marine Products Corporation Fourth Quarter and Year End 2024 Financial Earnings Conference Call. |
seekingalpha.com |
2025-01-30 12:53:50 |
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| Marine Products Corporation Reports Fourth Quarter And Full Year 2024 Financial Results And Declares Regular Quarterly Dividend |
ATLANTA , Jan. 30, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) (the "Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the fourth quarter and full year ended December 31, 2024. * Non-GAAP measures, including EBITDA, EBITDA margin, and free cash flow are reconciled to the most comparable GAAP measures in the appendices of this earnings release. |
prnewswire.com |
2025-01-30 08:45:00 |
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| Marine Products Corporation Announces Date for Fourth Quarter 2024 Financial Results and Conference Call |
ATLANTA , Jan. 7, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the fourth quarter ended December 31, 2024 on Thursday, January 30, 2025 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Thursday, January 30, 2025 at 8:00 a.m. |
prnewswire.com |
2025-01-07 19:15:00 |
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| iAnthus Provides Update to Litigation Claim |
NEW YORK and TORONTO , Dec. 4, 2024 /PRNewswire/ - iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN) (OTCQB: ITHUF), which owns, operates and partners with regulated cannabis operations across the United States, provides an update to the previously disclosed legal proceedings involving Ninth Square Capital Corporation ("Ninth Square"). Ninth Square served a statement of claim on August 8, 2019 against iAnthus, MPX Bioceutical ULC ("MPX ULC"), a wholly-owned subsidiary of iAnthus, and MPX International Corporation ("MPXI") before the Ontario Superior Court of Justice, seeking damages for alleged oppressive conduct relating to an arrangement between iAnthus and MPX Bioceutical Corporation, the predecessor of MPX ULC (such claim, together with all related and consolidated actions, the "Consolidated Claims"). |
prnewswire.com |
2024-12-04 20:25:00 |
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| Marine Products: Uncertainty Persists With Slight Optimism After Q3 Weakness |
Marine Products' Q3 results were weak amid industry turbulence. The company slightly underperformed peers in the quarter, but the underperformance fell within short-term turbulence. The industry outlook remains uncertain as customers are still waiting for more extensive rate cuts. On the other hand, normalizing dealer inventory levels suggests slight optimism for manufacturers. I again estimate the MPX stock to be undervalued, now with a 44% upside into a fair value of $13.97. |
seekingalpha.com |
2024-11-19 18:43:04 |
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| Marine Products Corporation (MPX) Q3 2024 Earnings Call Transcript |
Marine Products Corporation (NYSE:MPX ) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Ben Palmer - President and CEO Mike Schmit - Chief Financial Officer Conference Call Participants Griffin Bryan - D.A. Davidson Operator Good morning. |
seekingalpha.com |
2024-10-24 13:22:05 |
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| Marine Products Corporation Reports Third Quarter 2024 Financial Results And Declares Regular Quarterly Dividend |
ATLANTA , Oct. 24, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) (the "Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the third quarter ended September 30, 2024. * Non-GAAP measures, including EBITDA, EBITDA margin, and free cash flow are reconciled to the most comparable GAAP measures in the appendices of this earnings release. |
prnewswire.com |
2024-10-24 10:45:00 |
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| Chaparral and Robalo Boats Form Exclusive Agreement with Yamaha Financial Services |
KENNESAW, Ga.--(BUSINESS WIRE)--Chaparral and Robalo Boats, in partnership with Yamaha Motor Finance Corporation, U.S.A. (Yamaha Financial Services), are excited to announce a new multi-year exclusive financing agreement. Beginning January 1, 2025, Yamaha Financial Services will become the exclusive provider of dealer inventory finance and the preferred provider of retail finance for both Chaparral and Robalo Boats in the U.S.A. and Canada. By leveraging robust finance programs and protection p. |
businesswire.com |
2024-10-17 12:00:00 |
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| Marine Products Corporation Announces Date for Third Quarter 2024 Financial Results and Conference Call |
ATLANTA , Oct. 7, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the third quarter ended September 30, 2024 on Thursday, October 24, 2024 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Thursday, October 24, 2024 at 8:00 a.m. |
prnewswire.com |
2024-10-07 20:15:00 |
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| Marine Products: In The Midst Of A Rough Patch But Still Profitable |
The current company's quarterly dividend represents an annual dividend yield of close to 6%. Earlier this year, the company paid a massive special dividend in combination with the regular quarterly dividend, for a total of $0.84 per share. The company now experiences a down cycle, but still manages to remain profitable. |
seekingalpha.com |
2024-08-29 18:27:32 |
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| Marine Products Corporation Reports Second Quarter 2024 Financial Results And Declares Regular Quarterly Dividend |
ATLANTA , July 25, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) ("the Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the second quarter ended June 30, 2024. * Non-GAAP measures, including EBITDA, EBITDA margin, and free cash flow are reconciled to the most comparable GAAP measures in the appendices of this earnings release. |
prnewswire.com |
2024-07-25 10:45:00 |
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| Marine Products Corporation Announces Date for Second Quarter 2024 Financial Results and Conference Call |
ATLANTA , July 10, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the second quarter ended June 30, 2024 on Thursday, July 25, 2024 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Thursday, July 25, 2024 at 8:00 a.m. |
prnewswire.com |
2024-07-10 10:56:00 |
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| Marine Products: Cheap, Resilient Cash Flows During Industry Turbulence (Rating Upgrade) |
MPX's revenue declines in Q4 and Q1 have been deeper than previously anticipated as industry challenges persist. Excess dealership inventories and weak consumer confidence continue to ravage demand, but an eventual industry recovery should happen with interest rates playing a key role. Despite the challenges, MPX has maintained high margins and has a strong balance sheet leaving potential for M&A or excess capital distribution. |
seekingalpha.com |
2024-06-07 13:27:56 |
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| Marine Products Corporation (MPX) Q1 2024 Earnings Call Transcript |
Marine Products Corporation (MPX) Q1 2024 Earnings Call Transcript |
seekingalpha.com |
2024-04-25 15:14:02 |
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| Marine Products Corporation Reports First Quarter 2024 Financial Results And Declares Regular Quarterly Dividend And $0.70 Per Share Special Dividend |
ATLANTA , April 25, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) ("the Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the first quarter ended March 31, 2024. * Non-GAAP measures, including EBITDA, EBITDA margin, and free cash flow are reconciled to the most comparable GAAP measures in the appendices of this earnings release. |
prnewswire.com |
2024-04-25 10:52:00 |
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| Marine Products Corporation Announces Date for First Quarter 2024 Financial Results and Conference Call |
ATLANTA , April 4, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the first quarter ended March 31, 2024 on Thursday, April 25, 2024 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Thursday, April 25, 2024 at 8:00 a.m. |
prnewswire.com |
2024-04-04 20:10:00 |
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| The Bottom Fishing Club: Possibly The Lowest Valuation Ever For Marine Products |
Marine Products is a Georgia-based manufacturer of smaller fishing and seaside excursion boats, with a leading market position. The company has enjoyed strong returns and margins since 2021, with zero debt and plenty of cash on hand currently. A record-low valuation and conservative financial position have created an attractive investment opportunity in MPX. |
seekingalpha.com |
2024-03-26 19:42:41 |
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| Marine Products Corporation (MPX) Q4 2023 Earnings Call Transcript |
Marine Products Corporation (MPX) Q4 2023 Earnings Call Transcript |
seekingalpha.com |
2024-01-25 13:36:10 |
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| Marine Products Corporation Reports Fourth Quarter And Full Year 2023 Financial Results And Declares Regular Quarterly Cash Dividend |
ATLANTA , Jan. 25, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) ("the Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the fourth quarter and full year ended December 31, 2023. * Non-GAAP measures, including EBITDA, EBITDA margin, and free cash flow are reconciled to the most comparable GAAP measures in the appendices of this earnings release. |
prnewswire.com |
2024-01-25 08:45:00 |
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| Marine Products Corporation Announces Date for Fourth Quarter 2023 Financial Results and Conference Call |
ATLANTA , Jan. 9, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the fourth quarter ended December 31, 2023 on Thursday, January 25, 2024 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Thursday, January 25, 2024 at 8:00 a.m. |
prnewswire.com |
2024-01-09 18:15:00 |
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| Marine Products: Quiet Compounder And Potential M&A Target |
Marine Products has achieved impressive growth, with revenue growing +10% and EBITDA +20% during the last decade. The company has benefited from a market-leading brand, as well as strong technological development to ensure a highly competitive suite of boats. These factors are underpinned by an extensive dealership. We believe its growth trajectory is sustainable in the medium term, owing to international growth opportunities, economic improvement, and increased interest in recreational boating. |
seekingalpha.com |
2024-01-08 03:37:47 |
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| Marine Products Corporation (MPX) Q3 2023 Earnings Call Transcript |
Marine Products Corporation (NYSE:MPX ) Q3 2023 Earnings Conference Call October 25, 2023 8:00 AM ET Company Participants Mike Schmit - Chief Financial Officer Ben Palmer - President & Chief Executive Officer Jim Landers - Vice President of Corporate Services Conference Call Participants Brandon Rolle - D.A. Davidson Operator Good morning and thank you for joining us for Marine Products Corporation's Third Quarter 2023 Financial Earnings Conference Call. |
seekingalpha.com |
2023-10-25 17:45:06 |
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| Marine Products Corporation Announces Regular Quarterly Cash Dividend |
ATLANTA , Oct. 25, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.14 per share payable December 11, 2023 to common stockholders of record at the close of business on November 10, 2023. Marine Products Corporation is a leading manufacturer of high-quality fiberglass boats under the brand names Chaparral and Robalo. |
prnewswire.com |
2023-10-25 10:50:00 |
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