Marine Products (MPX) Misses Q2 EPS by 1c

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Marine Products Corporation Reports Second Quarter 2016 Financial Results

July 27, 2016 6:50 AM EDT

ATLANTA, July 27, 2016 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended June 30, 2016.  Marine Products is a leading manufacturer of fiberglass boats under two brand names: Chaparral and Robalo. Chaparral's sterndrive models include H2O Sport and Ski & Fish Boats, SSi and SSX Sportboats, Sunesta Sportdecks and Signature Cruisers.  In addition, Chaparral manufactures SunCoast Sportdeck outboards and Vortex Jet Boats.  Robalo builds outboard sport fishing boats which include center console, dual console, walkaround cabin and Cayman bay boat models.

For the quarter ended June 30, 2016, Marine Products generated net... More