Universal Security Instruments, Inc., together with its subsidiary, designs, markets, and distributes safety and security products for use in homes and businesses in the United States and internationally. It offers a line of safety alarms, including units powered by replaceable batteries, sealed batteries, and battery backup alarms; and smoke alarms, which include hearing impaired and heat alarms, as well as carbon monoxide alarms, door chimes, ventilation products, ground fault circuit interrupters, and other electrical devices under the UNIVERSAL and USI Electric trade names. The company provides its products to wholesale distributors; chain, discount, and television retailers; home center stores; catalog and mail order companies; electrical and lighting distributors, and manufactured housing companies; and other distributors. It also sells its products through independent sales organizations and sales representatives, as well as through its own sales catalogs and brochures, and website. The company was incorporated in 1969 and is headquartered in Owings Mills, Maryland.
IPO Year: 2003
Exchange: AMEX
Website: universalsecurity.com
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DEFA14A - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Filer)
8-K - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Filer)
10-Q - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Filer)
DEFA14A - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Filer)
DEFA14A - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Filer)
8-K - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Filer)
DEFM14A - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Filer)
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10-Q - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Filer)
8-K - UNIVERSAL SECURITY INSTRUMENTS INC (0000102109) (Filer)
OWINGS MILLS, Md., Feb. 17, 2025 (GLOBE NEWSWIRE) -- In a press release published Friday, February 14, by Universal Security Instruments, Inc. (NYSE:UUU), the headline incorrectly stated the quarter. The release covered the third quarter results, not second quarter as previously stated. The corrected release follows: Universal Security Instruments Reports Third-Quarter Results Universal Security Instruments, Inc. (AMEX:UUU) today announced results for its fiscal third quarter and nine months ended December 31, 2024. For the three months ended December 31, 2024, sales increased 18.9% to $5,535,148 compared to sales of $4,654,978 for the same period last year. The Company reported a net l
OWINGS MILLS, Md., Feb. 14, 2025 (GLOBE NEWSWIRE) -- Universal Security Instruments, Inc. (AMEX:UUU) today announced results for its fiscal third quarter and nine months ended December 31, 2024. For the three months ended December 31, 2024, sales increased 18.9% to $5,535,148 compared to sales of $4,654,978 for the same period last year. The Company reported a net loss of $936,639, or $0.40 per basic and diluted share, compared to net income of $102,176 or $0.04 per basic and diluted share for the same period last year. For the nine months ended December 31, 2024, sales increased 15.0% to $17,336,933 versus $15,071,204 for the same period last year. The Company reported a net loss of $80
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
OWINGS MILLS, Md., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Universal Security Instruments, Inc. (AMEX:UUU) today announced results for its fiscal third quarter and nine months ended December 31, 2023. For the three months ended December 31, 2023, sales decreased 19.2% to $4,654,978 compared to sales of $5,758,661 for the same period last year. The Company reported net income of $102,176, or $0.04 per basic and diluted share, compared to net income of $341,312 or $0.15 per basic and diluted share for the same period last year. For the nine months ended December 31, 2023, sales decreased 7.3% to $15,071,204 versus $16,251,106 for the same period last year. The Company reported net income of
OWINGS MILLS, Md., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Universal Security Instruments, Inc. (AMEX:UUU) today announced results for its fiscal second quarter and six months ended September 30, 2023. For the three months ended September 30, 2023, sales decreased 36.5% to $3,717,455 compared to sales of $5,857,141 for the same period last year. The Company reported a net loss of $186,425, or $0.08 per basic and diluted share, compared to net income of $200,602 or $0.09 per basic and diluted share for the same period last year. For the six months ended September 30, 2023, sales decreased 0.7% to $10,416,226 versus $10,492,445 for the same period last year. The Company reported a net loss of $2
OWINGS MILLS, Md., Aug. 18, 2023 /PRNewswire/ -- Universal Security Instruments, Inc. (AMEX:UUU) today announced results for its fiscal quarter ended June 30, 2023. The Company reported sales of $6,698,771 for the quarter ended June 30, 2023, versus $4,635,304 for the comparable period of last year. The Company reported net income of $165,130 or $0.07 per basic and diluted share, compared to a net loss of $106,138, or $0.05 per basic and diluted share, for the same period last year. Harvey Grossblatt - President and CEO said "positive sales trends continued in the June 30, 2023 quarter despite supply chain difficulties in obtaining components on a timely basis." UNIVERSAL SECURITY INSTRUME
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., April 5, 2023 /PRNewswire/ -- Universal Security Instruments, Inc. (AMEX:UUU) today announced that on April 3, 2023, the Company received a letter from NYSE American LLC (the "Exchange") stating that the Company is not in compliance with the continued listing standards set forth in Section 704 of the Exchange's Company Guide (the "Company Guide") as the result of the Company's failure to hold an annual meeting for the fiscal year ended March 31, 2022 by March 31, 2023. The Company expects to hold an annual meeting in the fall of 2023, at which time it will regain compliance with the NYSE American's continued listing standards. UNIVERSAL SECURITY INSTRUMENTS, INC. is a U.S.
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
LOS ANGELES, March 10, 2022 /PRNewswire/ -- Infinite Reality, Inc. ("Infinite Reality"), the new Metaverse innovation and entertainment company born out of the powerful combination of social ecommerce platform app Display Social, leading entertainment production facility Thunder Studios, and groundbreaking Metaverse technology and innovation company Infinite Reality, will hold a video conference call broadcast from the Metaverse TODAY, Thursday, March 10, 2022 at 4:15 PM Eastern time. CEO John Acunto hosts the call to announce the planned merger with Universal Security Instru
LOS ANGELES, March 4, 2022 /PRNewswire/ -- Infinite Reality, Inc. ("Infinite Reality"), the new Metaverse innovation and entertainment company born out of the powerful combination of social ecommerce platform app Display Social, leading entertainment production facility Thunder Studios, and groundbreaking Metaverse technology and innovation company Infinite Reality, will hold a video conference call broadcast from the Metaverse on Thursday, March 10, 2022 at 4:15 PM Eastern time. Infinite Reality will hold a video conference call broadcast from the Metaverse on Thursday, Marc
OWINGS MILLS, Md., July 8, 2021 /PRNewswire/ -- Universal Security Instruments, Inc. (AMEX:UUU) today announced its financial results for the fourth quarter and its fiscal year ended March 31, 2021. The Company reported: For the fourth quarter ended March 31, 2021, sales decreased $616,448 (17.1%) to $2,997,338 from $3,613,786 from the comparable period last year. The Company reported a net loss of $456,838, or $0.19 per basic and diluted share compared to a net loss of $3,492,290, or $1.51 per basic and diluted share for the comparable period of the previous year. For the 12 months ended March 31, 2021, sales increased $2,717,127 (18.4%) to $17,520,151 versus $14,803,024 for the fiscal yea
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