4 - MARINE PRODUCTS CORP (0001129155) (Issuer)

4 - MARINE PRODUCTS CORP (0001129155) (Issuer)

4 - MARINE PRODUCTS CORP (0001129155) (Issuer)

4 - MARINE PRODUCTS CORP (0001129155) (Issuer)

4 - MARINE PRODUCTS CORP (0001129155) (Issuer)

4 - MARINE PRODUCTS CORP (0001129155) (Issuer)

4 - MARINE PRODUCTS CORP (0001129155) (Issuer)

4 - MARINE PRODUCTS CORP (0001129155) (Issuer)

4 - MARINE PRODUCTS CORP (0001129155) (Issuer)

4 - MARINE PRODUCTS CORP (0001129155) (Issuer)

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. * All comparisons are year-over-year to 3Q:23 unless stated otherwise. Third Quarter 2024 Results Net sales decreased 36% year-over-year to $49.9 millionNet income was $3.4 million, down 67% year-over-year, and diluted Earnings Per Share (EPS) was $0.10; net income margin decreased 660 basis points to 6.8%Ear

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 products, Yamaha Financial Services is dedicated to providing the best dealer and customer experience in the industry. "We've been a successful boat builder for so many years because of our partnerships, and this agreement with Yama

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. Eastern Time. Individuals wishing to participate in the conference call should dial toll-free (888) 660-6357, or (929) 201-6127 for international callers, and use conference ID number 9979064. For interested individuals unable to join by telephone, the call also will be broadcast

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. * All comparisons are year-over-year to 2Q:23 unless stated otherwise. Second Quarter 2024 Highlights Net sales decreased 40% year-over-year to $69.5 millionNet income was $5.6 million, down 61% year-over-year and diluted Earnings Per Share (EPS) was $0.14; net income margin decreased 430 basis points to 8.0%Earn

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. Eastern Time. Individuals wishing to participate in the conference call should dial toll-free (888) 660-6357, or (929) 201-6127 for international callers, and use conference ID number 9979064.  For interested individuals unable to join by telephone, the call also will be broadcast and ar

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. * All comparisons are year-over-year to 1Q:23 unless stated otherwise. First Quarter 2024 Highlights Net sales decreased 42% year-over-year to $69.3 millionNet income was $4.6 million, down 60% year-over-year, and diluted Earnings Per Share (EPS) was $0.13; net income margin decreased 310 basis points to 6.6%Ear

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. Eastern Time. Individuals wishing to participate in the conference call should dial toll-free (888) 660-6357, or (929) 201-6127 for international callers, and use conference ID number 9979064.  For interested individuals unable to join by telephone, the call also will be broadcast and

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.* All comparisons are year-over-year (versus 4Q:22) unless stated otherwise. Fourth Quarter 2023 Highlights Net sales decreased 35% year-over-year to $70.9 millionNet income was $5.4 million, down 54% year-over-year, and diluted earnings per share (EPS) was $0.16; net income margin decreased 320 b

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. Eastern Time. Individuals wishing to participate in the conference call should dial toll-free (888) 660-6357, or (929) 201-6127 for international callers, and use conference ID number 9979064.  For interested individuals unable to join via telephone, the call also will be broadc

ATLANTA, Oct. 3, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) announced today that it will release its financial results for the third quarter ended September 30, 2023 on Wednesday, October 25, 2023 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 Wednesday, October 25, 2023 at 8:00 a.m. Eastern Time. Individuals wishing to participate in the conference call should dial toll-free (888) 660-6357, or (929) 201-6127 for international callers, and use conference ID number 9979064.  For interested individuals unable to join via telephone, the call also will be broa

ATLANTA, Oct. 31, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) announced today the appointment of Amy Rollins Kreisler to the Board of Directors of the Company. Kreisler holds an English Degree from Hollins University and a Law Degree from The College of William and Mary Law School and is a former attorney of the law firm Arnall Golden and Gregory LLP.  Mrs. Kreisler is a Trustee on The Lovett School Board of Trustees and also serves on the Executive Committee.  She is also a member of the Dean's Council at the Rollins School of Public Health at Emory University.  Additionally, she is Executive Director of the O. Wayne Rollins Foundation and a Trustee of the Ma-Ran Foundation.

ATLANTA, May 17, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) today announced several changes within its senior leadership team and among its Board of Directors. Marine Products is a leading manufacturer of fiberglass boats under the brand names of Chaparral and Robalo. Chaparral's sterndrive models include SSi and SSX, along with the Chaparral Surf Series.  Chaparral's outboard offerings include OSX Luxury Sportboats, and SSi and SSX outboard models. Robalo builds an array of outboard sport fishing boats, which include center consoles, dual consoles and Cayman Bay Boat models.

ATLANTA, April 26, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) today announced the appointment of John F. Wilson to the Board of Directors of the Company effective April 26, 2022.   Wilson is the Vice Chairman of Rollins, Inc. and has previously served as President and Chief Operating Officer of Rollins.  Prior to that role he served as Vice President, and then President, of Orkin, LLC.  In addition to his new role as a Marine Products Corporation director, he is currently a director at Rollins, Inc. and is concurrently joining the Board of RPC, Inc.  He will b

ATLANTA, Dec. 15, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) today announced the appointment of Patrick J. Gunning to the Board of Directors of the Company effective January 1, 2021.  Gunning is the Chief Financial Officer of the Robert W. Woodruff Arts Center, Inc. in Atlanta, Georgia. Previously he held multiple leadership roles during his 40 years in public accounting prior to retirement from Ernst & Young LLP (EY) in 2020. These positions included Partner at EY, Southeast Region Leader of the Financial Accounting Advisory Services (FAAS) at EY, Assurance leader and Audit Partner for EY, Partner and Assurance Division Leader with Arthur Andersen LLP, and numerous add

ATLANTA, Dec. 15, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) today announced the appointment of Susan Bell to the Board of Directors of the Company effective January 1, 2021.  Bell recently retired from Ernst and Young LLP (EY) after a 36-year career in public accounting, serving in key leadership roles. She served clients as an audit and advisory partner, led the EY Southeast Risk Advisory practice, served as the Atlanta Office Managing Partner and led EY's Power & Utilities sector focus in the Global Financial Accounting Advisory Services (FAAS) practice. Bell led and advised client service teams supporting implementation of new accounting standards, internal controls

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. * All comparisons are year-over-year to 3Q:23 unless stated otherwise. Third Quarter 2024 Results Net sales decreased 36% year-over-year to $49.9 millionNet income was $3.4 million, down 67% year-over-year, and diluted Earnings Per Share (EPS) was $0.10; net income margin decreased 660 basis points to 6.8%Ear

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. Eastern Time. Individuals wishing to participate in the conference call should dial toll-free (888) 660-6357, or (929) 201-6127 for international callers, and use conference ID number 9979064. For interested individuals unable to join by telephone, the call also will be broadcast

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. * All comparisons are year-over-year to 2Q:23 unless stated otherwise. Second Quarter 2024 Highlights Net sales decreased 40% year-over-year to $69.5 millionNet income was $5.6 million, down 61% year-over-year and diluted Earnings Per Share (EPS) was $0.14; net income margin decreased 430 basis points to 8.0%Earn

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. Eastern Time. Individuals wishing to participate in the conference call should dial toll-free (888) 660-6357, or (929) 201-6127 for international callers, and use conference ID number 9979064.  For interested individuals unable to join by telephone, the call also will be broadcast and ar

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. * All comparisons are year-over-year to 1Q:23 unless stated otherwise. First Quarter 2024 Highlights Net sales decreased 42% year-over-year to $69.3 millionNet income was $4.6 million, down 60% year-over-year, and diluted Earnings Per Share (EPS) was $0.13; net income margin decreased 310 basis points to 6.6%Ear

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. Eastern Time. Individuals wishing to participate in the conference call should dial toll-free (888) 660-6357, or (929) 201-6127 for international callers, and use conference ID number 9979064.  For interested individuals unable to join by telephone, the call also will be broadcast and

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.* All comparisons are year-over-year (versus 4Q:22) unless stated otherwise. Fourth Quarter 2023 Highlights Net sales decreased 35% year-over-year to $70.9 millionNet income was $5.4 million, down 54% year-over-year, and diluted earnings per share (EPS) was $0.16; net income margin decreased 320 b

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. Eastern Time. Individuals wishing to participate in the conference call should dial toll-free (888) 660-6357, or (929) 201-6127 for international callers, and use conference ID number 9979064.  For interested individuals unable to join via telephone, the call also will be broadc

ATLANTA, Oct. 3, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) announced today that it will release its financial results for the third quarter ended September 30, 2023 on Wednesday, October 25, 2023 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 Wednesday, October 25, 2023 at 8:00 a.m. Eastern Time. Individuals wishing to participate in the conference call should dial toll-free (888) 660-6357, or (929) 201-6127 for international callers, and use conference ID number 9979064.  For interested individuals unable to join via telephone, the call also will be broa

ATLANTA, July 26, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) announced its unaudited results for the quarter ended June 30, 2023.  Marine Products is a leading manufacturer of fiberglass boats under the brand names of Chaparral and Robalo. Chaparral's sterndrive models include SSi and SSX, along with the Chaparral Surf Series.  Chaparral's outboard offerings include OSX Luxury Sportboats and SSi outboard models. Robalo builds an array of outboard sport fishing boats, which include center consoles, dual consoles and Cayman Bay Boat models. For the quarter ended June 30, 2023, Marine Products generated net sales of $116.2 million, a 21 percent increase compared to $95.8 milli

SC 13D/A - MARINE PRODUCTS CORP (0001129155) (Subject)

SC 13D/A - MARINE PRODUCTS CORP (0001129155) (Subject)

Marine Prods (NYSE:MPX) reported quarterly earnings of $0.14 per share which met the analyst consensus estimate. This is a 66.67 percent decrease over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $69.55 million which beat the analyst consensus estimate of $65.35 million by 6.42 percent. This is a 40.13 percent decrease over sales of $116.16 million the same period last year.

Gainers Visionary Holdings (NASDAQ:GV) shares moved upwards by 35.3% to $0.4 during Thursday's regular session. The company's market cap stands at $20.4 million. Fitell (NASDAQ:FTEL) stock increased by 29.2% to $14.6. The market value of their outstanding shares is at $293.5 million. PlayAGS (NYSE:AGS) stock moved upwards by 28.01% to $11.47. The company's market cap stands at $461.1 million. As per the press release, Q1 earnings came out today. Noodles (NASDAQ:NDLS) shares moved upwards by 21.96% to $2.11. The market value of their outstanding shares is at $95.6 million. The company's, Q1 earnings came out yesterday. ATRenew (NYSE:RERE) shares increased by 21.42% to $2.98. The company'

Marine Prods (NYSE:MPX) reported quarterly earnings of $0.13 per share. This is a 61.76 percent decrease over earnings of $0.34 per share from the same period last year. The company reported $69.34 million in sales this quarter. This is a 41.69 percent decrease over sales of $118.91 million the same period last year.

What Defines a Value Stock? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Below is a list of notable value stocks in the consumer cyclical sector: eBay (NASDAQ:EBAY) - P/E: 8.73 Marine Prods (NYSE:MPX) - P/E: 8.79 Aptiv (NYSE:APTV) - P/E: 7.6 Virco Mfg (NASDAQ:VIRC) - P/E: 5.32 Hibbett (NASDAQ:HIBB) - P/E: 8.61 eBay has been featured as a value

Companies Reporting Before The Bell • Nokia (NYSE:NOK) is projected to report quarterly earnings at $0.15 per share on revenue of $7.05 billion. • Popular (NASDAQ:BPOP) is likely to report quarterly earnings at $1.61 per share on revenue of $538.72 million. • Carpenter Tech (NYSE:CRS) is estimated to report quarterly earnings at $0.85 per share on revenue of $657.10 million. • Berkshire Hills Bancorp (NYSE:BHLB) is estimated to report quarterly earnings at $0.49 per share on revenue of $94.52 million. • NetScout Systems (NASDAQ:NTCT) is projected to report quarterly earnings at $0.37 per share on revenue of $198.38 million. • NextEra Energy (NYSE:NEE) is expected to report quarterly ea

Marine Prods (NYSE:MPX) is set to give its latest quarterly earnings report on Thursday, 2024-01-25. Here's what investors need to know before the announcement. Analysts estimate that Marine Prods will report an earnings per share (EPS) of $0.19. Marine Prods bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company missed EPS by $0.06, which was followed by a 1.22% drop in the share pric

Gainers ECARX Holdings (NASDAQ:ECX) stock increased by 9.0% to $3.4 during Monday's after-market session. The company's market cap stands at $1.1 billion. China Liberal Education (NASDAQ:CLEU) shares rose 6.81% to $0.16. The market value of their outstanding shares is at $8.0 million. BowFlex (NYSE:BFX) stock increased by 5.15% to $0.66. The market value of their outstanding shares is at $24.0 million. GigaCloud Tech (NASDAQ:GCT) shares rose 3.56% to $10.17. The market value of their outstanding shares is at $416.5 million. Rent the Runway (NASDAQ:RENT) shares increased by 3.03% to $0.61. The market value of their outstanding shares is at $42.4 million. AYRO (NASDAQ:AYRO) shares rose 2

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. Fisker Inc. (NYSE:FSR) Fisker plans to report its earnings release after the closing bell on Nov. 13, 2023. The company’s stock has a 52-week low