Schmitt Announces Second Quarter 2020 Operating Results and CFO Appointment

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Schmitt Industries (SMIT) Reports Q2 Loss of $0.03/Share, Names CFO

January 15, 2020 8:21 AM EST

Schmitt Industries (NASDAQ: SMIT) reported Q2 EPS of ($0.03), versus ($0.08) reported last year. Revenue for the quarter came in at $1.03 million, versus $1.16 million reported last year.

CFO Appointment

We are pleased to announce the appointment of Jamie Schmidt as Chief Financial Officer (CFO) of the Company, effective immediately.

Mr. Schmidt most recently served as Schmitts... More