The L.S. Starrett Company

Equities

SCX

US8556681091

Industrial Machinery & Equipment

Market Closed - Nyse Other stock markets 04:00:01 2024-04-26 pm EDT			5-day change	1st Jan Change
16.02 ^USD	0.00%		0.00%	+32.40%

Mar. 11	Top Midday Gainers	MT
Mar. 11	Traders Anticipate Inflation Report as US Equities Open Lower on Wall Street	MT

The L.S. Starrett Company Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022

February 06, 2023 at 06:05 am EST

The L.S. Starrett Company reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was USD 66.78 million compared to USD 61.32 million a year ago. Net income was USD 3.13 million compared to USD 2.53 million a year ago. Basic earnings per share from continuing operations was USD 0.42 compared to USD 0.35 a year ago. Diluted earnings per share from continuing operations was USD 0.42 compared to USD 0.34 a year ago.
For the six months, sales was USD 127.24 million compared to USD 122.83 million a year ago. Net income was USD 5.19 million compared to USD 5.76 million a year ago. Basic earnings per share from continuing operations was USD 0.71 compared to USD 0.8 a year ago. Diluted earnings per share from continuing operations was USD 0.69 compared to USD 0.77 a year ago.

Latest news about The L.S. Starrett Company

Top Midday Gainers	Mar. 11	MT
Traders Anticipate Inflation Report as US Equities Open Lower on Wall Street	Mar. 11	MT
L.S. Starrett Agrees to Go-Private Deal With MiddleGround for $16.19 per Share; Stock Jumps Pre-Bell	Mar. 11	MT
Top Premarket Gainers	Mar. 11	MT
Powell's Remarks Push Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday Ahead of CPI Data	Mar. 11	MT
MiddleGround Management, LP entered into a definitive merger agreement to acquire The L.S. Starrett Company for approximately $120 million.	Mar. 10	CI
The L.S. Starrett Company Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 16	CI
Earnings Flash (SCX) THE L.S. STARRETT COMPANY Reports Q2 Revenue $62.1M	Feb. 16	MT
Earnings Flash (SCX) THE L.S. STARRETT COMPANY Reports Q1 Revenue $60.6M	Nov. 13	MT
The L.S. Starrett Company Reports Earnings Results for the First Quarter Ended September 30, 2023	Nov. 13	CI
The L.S. Starrett Company Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-15	CI
Earnings Flash (SCX) THE L.S. STARRETT COMPANY Reports Q3 Revenue $61.7M	23-05-08	MT
The L.S. Starrett Company Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023	23-05-08	CI
Insider Sell: L S Starrett	23-03-09	MT
Earnings Flash (SCX) THE L.S. STARRETT COMPANY Posts Q2 Revenue $127.2M	23-02-06	MT
The L.S. Starrett Company Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022	23-02-06	CI
Earnings Flash (SCX) THE L.S. STARRETT COMPANY Posts Q1 Revenue $60.5M	22-11-03	MT
The L.S. Starrett Company Reports Earnings Results for the First Quarter Ended September 30, 2022	22-11-03	CI
The L.S. Starrett Company Reports Earnings Results for the Full Year Ended June 30, 2022	22-08-25	CI
The L.S. Starrett Company Appoints Charles “Chuck” Alpuche to Board of Directors	22-07-25	CI
Earnings Flash (SCX) THE L.S. STARRETT COMPANY Posts Q3 Revenue $60.5M	22-05-09	MT
The L.S. Starrett Company Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2022	22-05-09	CI
The L.S. Starrett Company, Tru-Stone Technologies, Inc., Starrett Kinemetric Engineering, Inc., Starrett Bytewise Development, Inc. Enters into Material Definitive Agreement with HSBC Bank USA, National Association Comprise of $30 Million Revolving Line of Credit	22-04-29	CI
The L.S. Starrett Company Announces New Credit Facilities and Global Banking Relationship with HSBC Bank	22-04-29	CI
Earnings Flash (SCX) THE L.S. STARRETT COMPANY Reports Q2 Revenue $61.3M	22-02-07	MT

Chart The L.S. Starrett Company

Duration

Period

More charts

Company Profile

The L.S. Starrett Company is engaged in the business of manufacturing various products for industrial, professional and consumer markets. The Company offers measuring and cutting products to the market through multiple channels of distribution throughout the world. Its products include precision tools, electronic gages, gage blocks, optical, vision, laser measuring equipment, custom engineered granite solutions, tape measures, levels, chalk products, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, reciprocating saw blades, M1 lubricant and precision ground flat stock. Its tools and instruments are sold throughout North America in over 100 other countries. The Company primarily distributes its precision hand tools, saw and construction products through distributors or resellers both domestically and internationally. It principally serves the global manufacturing industry, including metalworking, construction, machinery, equipment, aerospace and automotive markets.

Sector

Industrial Machinery & Equipment

Calendar

2024-05-05 - Q3 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Sector Machine Tools

	1st Jan change	Capi.
THE L.S. STARRETT COMPANY	+32.40%	117M
DMG MORI CO., LTD.	+54.30%	3.74B
NINGBO HAITIAN PRECISION MACHINERY CO.,LTD.	+8.22%	2.04B
SHENYANG MACHINE TOOL CO., LTD.	+0.43%	1.99B
KENNAMETAL INC.	-6.79%	1.91B
GUANGDONG CREATE CENTURY INTELLIGENT EQUIPMENT GROUP CORPORATION LIMITED	-5.37%	1.38B
OKUMA CORPORATION	+15.70%	1.36B
SHENZHEN YINGHE TECHNOLOGY CO., LTD	-16.05%	1.38B
QINGDAO GAOCE TECHNOLOGY CO., LTD	-28.65%	1.3B
QINCHUAN MACHINE TOOL & TOOL GROUP SHARE CO., LTD.	-17.02%	1.24B

Machine Tools