UPDATE: Schmitt Industries (SMIT) Reports Q4 Loss of $0.14/Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Oil market losses easing as nearly 80% of disrupted supply returns, UBS says
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Schmitt Industries Announces Fourth Quarter and Fiscal 2017 Operating Results
July 14, 2017 4:10 PM EDTPORTLAND, Ore., July 14, 2017 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced its operating results for the fourth quarter and fiscal year ended May 31, 2017. Total sales increased $671,693, or 22.5%, to $3,650,428 for the three months ended May 31, 2017 as compared to $2,978,735 for the three months ended May 31, 2016. Net loss was $433,932, or $(0.14) per fully diluted share, for the three months ended May 31, 2017 as compared to net loss of $465,434, or $(0.16) per fully diluted share, for the three months ended May 31, 2016.
For the fiscal year ended May 31, 2017, total sales increased $712,290, or 6.1%, to $12,397,643 as compared to... More
