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Marine Products Corporation Reports Fourth Quarter And Full Year 2023 Financial Results And Declares Regular Quarterly Cash Dividend

$MPX
Marine Transportation
Industrials
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Recent Analyst Ratings for
$MPX

DatePrice TargetRatingAnalyst
8/23/2023$16.00Neutral
DA Davidson
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$MPX
 Press Releases

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  • Marine Products Corporation Reports Fourth Quarter And Full Year 2024 Financial Results And Declares Regular Quarterly Dividend

    ATLANTA, Jan. 30, 2025 /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, 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 4Q:23 unless stated otherwise. Fourth Quarter 2024 Results Net sales decreased 33% year-over-year to $47.8 millionNet income was $4.3 million, down 21% year-over-year, and diluted Earnings Per Share (EPS) was $0.12; Net income margin increased 120 basis poi

    $MPX
    Marine Transportation
    Industrials

  • Marine Products Corporation Announces Date for Fourth Quarter 2024 Financial Results and Conference Call

    ATLANTA, Jan. 7, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) announced today that it will release its financial results for the fourth quarter ended December 31, 2024 on Thursday, January 30, 2025 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 30, 2025 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

    $MPX
    Marine Transportation
    Industrials

  • Marine Products Corporation Reports Third Quarter 2024 Financial Results And Declares Regular Quarterly Dividend

    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

    $MPX
    Marine Transportation
    Industrials

$MPX
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$MPX
 Insider Trading

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$MPX
 SEC Filings

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$MPX
 Leadership Updates

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  • Amy Rollins Kreisler Appointed to the Marine Products Corporation Board of Directors

    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.

    $MPX
    Marine Transportation
    Industrials

  • Marine Products Corporation Announces Leadership Transition

    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.

    $MPX
    Marine Transportation
    Industrials

  • Marine Products Corporation Board of Directors Appoints John F. Wilson as New Director

    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

    $MPX
    Marine Transportation
    Industrials

$MPX
 Financials

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  • Marine Products Corporation Reports Fourth Quarter And Full Year 2024 Financial Results And Declares Regular Quarterly Dividend

    ATLANTA, Jan. 30, 2025 /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, 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 4Q:23 unless stated otherwise. Fourth Quarter 2024 Results Net sales decreased 33% year-over-year to $47.8 millionNet income was $4.3 million, down 21% year-over-year, and diluted Earnings Per Share (EPS) was $0.12; Net income margin increased 120 basis poi

    $MPX
    Marine Transportation
    Industrials

  • Marine Products Corporation Announces Date for Fourth Quarter 2024 Financial Results and Conference Call

    ATLANTA, Jan. 7, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) announced today that it will release its financial results for the fourth quarter ended December 31, 2024 on Thursday, January 30, 2025 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 30, 2025 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

    $MPX
    Marine Transportation
    Industrials

  • Marine Products Corporation Reports Third Quarter 2024 Financial Results And Declares Regular Quarterly Dividend

    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

    $MPX
    Marine Transportation
    Industrials

$MPX
 Large Ownership Changes

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