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Last $2.65 USD
Change Today -0.07 / -2.57%
Volume 5.4K
SMIT On Other Exchanges
Symbol
Exchange
NASDAQ CM
Frankfurt
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

schmitt industries inc (SMIT) Snapshot

Open
$2.65
Previous Close
$2.72
Day High
$2.65
Day Low
$2.65
52 Week High
10/1/14 - $3.55
52 Week Low
05/13/15 - $2.58
Market Cap
7.9M
Average Volume 10 Days
2.7K
EPS TTM
$-0.11
Shares Outstanding
3.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SCHMITT INDUSTRIES INC (SMIT)

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schmitt industries inc (SMIT) Details

Schmitt Industries, Inc. designs, manufactures, and sells computer-controlled vibration detection, and balancing and process control systems primarily to the machine tool industry worldwide. Its Balancer segment offers Schmitt Dynamic Balance System, which consists of a computer control unit, vibration sensor, spindle-mounting adapter, and balance head; an optional acoustical emission monitoring system to monitor the frequency signals generated on the grinding machine; and the ExactDress process control card to monitor and control the grinding wheel dressing process. This segment provides its products to end user operators, as well as manufacturers of grinding machines for various industries, including automotive, industrial, aerospace, and medical industries through independent manufacturers’ representatives and distributors. The company’s Measurement segment designs, manufactures, and sells laser and white light sensors for distance, dimensional, and area measurement for various commercial applications; laser-based microroughness measurement products for the semiconductor wafer, hard disk drive, and other industrial applications; laser-based surface analysis and measurement products for various scientific applications; and ultrasonic measurement products that measure the liquid levels of propane tanks and transmit that data via satellite to a secure Web site for display. Its products include surface roughness measurement products, such as TMS-2000-RC, a non-contact texture measurement system (TMS); and TMS2000W-RC and TMS3000W-RC for manufacturers of silicon wafers, device quality semiconductors, and memory devices. This segment also offers AccuRange distance measurement sensors and AccuProfile laser line scanners; Lasercheck, a line of surface roughness measurement gauges; complete angle scatter instrument scatterometers; and remote tank monitoring products. Schmitt Industries, Inc. was founded in 1984 and is headquartered in Portland, Oregon.

44 Employees
Last Reported Date: 08/8/14
Founded in 1984

schmitt industries inc (SMIT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $200.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $160.0K
Vice President of Operations
Total Annual Compensation: $166.2K
Compensation as of Fiscal Year 2014.

schmitt industries inc (SMIT) Key Developments

Schmitt Industries, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended February 28, 2015

Schmitt Industries, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended February 28, 2015. For the quarter, the company reported net sales of $3,010,618 against $3,066,163 a year ago. Operating loss was $150,508 against $81,655 a year ago. Loss before income taxes was $166,086 against $70,158 a year ago. Net loss was $168,371 or $0.06 per diluted share against $72,107 or $0.02 per diluted share a year ago. For the nine months, the company reported net sales of $9,211,410 against $9,108,662 a year ago. Operating loss was $168,210 against $380,273 a year ago. Loss before income taxes was $179,391 against $374,869 a year ago. Net loss was $186,428 or $0.06 per diluted share against $381,867 or $0.13 per diluted share a year ago.

Schmitt Industries, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended November 30, 2014

Schmitt Industries, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended November 30, 2014. For the quarter, net sales were $3,151,504 against $3,143,052 a year ago. Operating loss was $70,801 against $151,274 a year ago. Loss before income taxes was $67,465 against $160,820 a year ago. Net loss was $69,840 against $163,201 a year ago. Net loss per common share, basic and diluted was $0.02 against $0.05 a year ago. For the six months, net sales were $6,200,792 against $6,042,499 a year ago. Operating loss was $17,702 against $298,618 a year ago. Loss before income taxes was $13,305 against $304,711 a year ago. Net loss was $18,057 against $309,760 a year ago. Net loss per common share, basic and diluted was $0.01 against $0.10 a year ago.

Schmitt Industries, Inc. to Report Q2, 2015 Results on Jan 09, 2015

Schmitt Industries, Inc. announced that they will report Q2, 2015 results on Jan 09, 2015

 

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TEV/Sales 0.5x
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