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Stock impact report

More on WSI Industries Q3 results [Seeking Alpha]

WSI INDUSTRIES (WSCI) 
US:NASDAQ Investor Relations: wsiindustries.com/investor-relations
Company Research Source: Seeking Alpha
More on WSI Industries Q3 resultsWSI Industries (WSCI+1.9%) reported Q3 sales of $9.79M (+2.1% Y/Y). Company’s Diversified group, which includes energy, aerospace, defense and industrial markets increased sales by 78% Y/Y, whereas sales to the largest customer were down compared to last year due to one-time sale of inventory on a discontinued product line in the prior year quarter.Q3 Overall gross marginimproved by 406 bps to 14.8%.SG&A expenses decreased by 30% Y/Y to $0.83M.Cash and cash equivalents were $4.92M as of May 27, 2018.Previously:WSI Industries reports Q3 results (June 12)Previously:WSI Industries declares $0.04 dividend (June 13)See all stocks on the move »Now read:3M Company (MMM) Presents At Bernstein Thirty-Fourth Annual Strategic Decisions Conference - Slideshow » Show less Read more
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