SVT · Categories · Earnings
SVT - Earnings announcements
Servotronics Inc. (SVT) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for SVT
- Servotronics Announces Financial Results for Third Quarter 2022-- Revenue expected to increase in the fourth quarter of 2022 driven by increasing order volume from Servotronics' Advanced Technology Group -- ELMA, N.Y., Nov. 14, 2022 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today reported financial results for the quarter and nine months ended September 30, 2022. The Company reported third quarter 2022 net loss of $(316,000), or $(0.13) per diluted share as compared to third quarter 2021 net income of $3.2 million, or $1.34 per diluted share. In the third quarter of 2021, the Company's net income included non-recurring other income related to
- Servotronics Announces Financial Results for Second Quarter 2022 Including 12% Growth in Revenue-- Revenue expected to increase in the third quarter of 2022 driven by increasing order volume from Servotronics' Advanced Technology Group -- ELMA, N.Y., Aug. 15, 2022 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today reported financial results for the second quarter ended June 30, 2022, including 12% growth in revenue. The company reported second quarter 2022 net loss of $(810,000), or $(0.33) per diluted share. Second quarter 2021 net income of $1,186,000, or $0.49 per diluted share, included a $1.9 million or $0.62 per share contribution to earnings from government-provided employe
- Servotronics Announces 2021 Financial Results Including EPS of $1.68, Record Operating Cash Flow, Lower Total Operating Costs and Expenses, and Enhanced Balance Sheet Strength-- Anticipated first quarter 2022 total revenue growth on improving Advanced Technology Group sales is attributed to process improvements and maintenance of production capabilities, including Servotronics' highly skilled workforce, over the last two years -- ELMA, N.Y., March 31, 2022 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today reported financial results for the fourth quarter and twelve months ended December 31, 2021 including net income growth and record high levels of operating cash flow and year-end cash. The company reported net income of $4.1 million, or $1.68 per diluted s