Universal Security Instruments Sees Lower Sales And Net Income For Fiscal Year Ended March 31, 2024, Compared To Prior Year's Net Sales And Operating Results
$UUU
Electronic Components
Technology
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10-Q - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Filer)
8-K - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Filer)
NT 10-Q - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Filer)
OWINGS MILLS, Md., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Universal Security Instruments, Inc. (AMEX:UUU) today announced results for its fiscal second quarter and six months ended September 30, 2024. For the three months ended September 30, 2024, sales increased 93.8% to $7,203,269 compared to sales of $3,717,455 for the same period last year. The Company reported net income of $576,978, or $0.25 per basic and diluted share, compared to a net loss of $186,425 or $0.08 per basic and diluted share for the same period last year. For the six months ended September 30, 2024, sales increased 13.3% to $11,801,785 versus $10,416,266 for the same period last year. The Company reported net income
OWINGS MILLS, Md., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Universal Security Instruments, Inc. (AMEX:UUU) today announced results for its fiscal quarter ended June 30, 2024. The Company reported sales of $4,598,516 for the quarter ended June 30, 2024, versus $6,698,771 for the comparable period of last year. The Company reported a net loss of $442,206 or $(0.19) per basic and diluted share, compared to net income of $165,130, or $0.07 per basic and diluted share, for the same period last year. Harvey Grossblatt - President and CEO said: "Sales were lower due to supply chain delays in obtaining components for the Company's security products, and gross margins were reduced in the June quarter b
OWINGS MILLS, Md., July 12, 2024 (GLOBE NEWSWIRE) -- Universal Security Instruments, Inc. (AMEX:UUU) today announced its financial results for the fourth quarter and its fiscal year ended March 31, 2024. The Company reported: For the fourth quarter ended March 31, 2024, sales decreased $1,096,298 (18.5%) to $4,831,469 from $5,927,767 from the comparable period last year. The Company reported a net loss of $476,671, or $0.21 per basic and diluted share compared to net income of $284,635, or $0.12 per basic and diluted share for the comparable period of the previous year.For the twelve months ended March 31, 2024, sales decreased $2,276,200 (10.3%) to $19,902,673 versus $22,178,873 fo
SC 13G/A - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Subject)
SC 13G/A - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Subject)
SC 13G/A - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Subject)
Universal Security (AMEX:UUU) reported quarterly losses of $(0.21) per share. This is a 275 percent decrease over earnings of $0.12 per share from the same period last year. The company reported $4.83 million in sales this quarter. This is a 18.49 percent decrease over sales of $5.93 million the same period last year.
OWINGS MILLS, Md., July 12, 2024 (GLOBE NEWSWIRE) -- Universal Security Instruments, Inc. (AMEX:UUU) today announced its financial results for the fourth quarter and its fiscal year ended March 31, 2024. The Company reported: For the fourth quarter ended March 31, 2024, sales decreased $1,096,298 (18.5%) to $4,831,469 from $5,927,767 from the comparable period last year. The Company reported a net loss of $476,671, or $0.21 per basic and diluted share compared to net income of $284,635, or $0.12 per basic and diluted share for the comparable period of the previous year.For the twelve months ended March 31, 2024, sales decreased $2,276,200 (10.3%) to $19,902,673 versus $22,178,873 fo
OWINGS MILLS, Md., July 14, 2023 /PRNewswire/ -- Universal Security Instruments, Inc. (NYSE Amex: UUU) today announced its financial results for the fourth quarter and its fiscal year ended March 31, 2023. The Company reported: For the fourth quarter ended March 31, 2023, sales increased $1,637,217 (38.2%) to $5,927,767 from $4,290,550 from the comparable period last year. The Company reported net income of $284,635, or $0.12 per basic and diluted share compared to a net loss of $235,838, or $0.10 per basic and diluted share for the comparable period of the previous year.For the twelve months ended March 31, 2023, sales increased $2,629,088 (13.4%) to $22,178,873 versus $19,549,785 for the f
OWINGS MILLS, Md., July 14, 2022 /PRNewswire/ -- Universal Security Instruments, Inc. (AMEX:UUU) today announced its financial results for the fourth quarter and its fiscal year ended March 31, 2022. The Company reported: For the fourth quarter ended March 31, 2022, sales increased $1,293,212 (43.1%) to $4,290,550 from $2,997,338 from the comparable period last year. The Company reported a net loss of $235,838, or $0.10 per basic and diluted share compared to a net loss of $456,838, or $0.20 per basic and diluted share for the comparable period of the previous year.For the 12 months ended March 31, 2022, sales increased $2,029,634 (11.6%) to $19,549,785 versus $17,520,151 for the fiscal year