Servotronics Inc (SVT) 6.50 $SVT
Tracking Capital Goods Sector: New Research on AV Homes, Libbey, Servotronics, Sifco, and SL Industries
PR Newswire - Tue Feb 10, 7:40AM CST
Editor Note: For more information about this release, please scroll to bottom.
LBY: 34.91 (-0.53), SVT: 6.50 (-0.10), SLI: 38.75 (-0.42), AVHI: 15.16 (+0.04), SIF: 21.85 (+0.91)
Servotronics, Inc. Appoints Decorated United States Navy Commander And Reserve F/A-18 Pilot To The Board Of Directors
PR Newswire - Tue Jan 27, 2:16PM CST
Servotronics, Inc. (NYSE MKT- SVT) announces the appointment of Rigel D. Pirrone, a Reserve Navy Commander and Executive Officer of Strike Fighter Squadron 204, to the Board of Directors. Mr. Pirrone brings over 15 years of leadership experience in the United States Navy, including two deployments aboard the aircraft carrier USS Abraham Lincoln where he served as a Landing Signal Officer and Forward Air Controller Airborne. His extensive experience includes assignments as a squadron Division Officer, Department Head, instructor pilot, and member of the F/A-18 Hornet Tactical Demonstration Team. Throughout the course of his career, Mr. Pirrone has accumulated over 3,000 flight hours across six air platforms including the F/A-18A-D Hornet and the F/A-18E/F Super Hornet, and he has extensive experience in the quality, maintenance, and safety requirements associated with the motion control subsystems that incorporate the Company's product line.
SVT: 6.50 (-0.10)
Servotronics (SVT) Downgraded From Hold to Sell
at The Street - Thu Dec 11, 6:10AM CST
Servotronics (SVT) has been downgraded by TheStreet Ratings from Hold to Sell with a ratings score of D.
SVT: 6.50 (-0.10)
Servotronics EPS of $0.14
Seeking Alpha - at Seeking Alpha - Fri Nov 14, 9:03PM CST
SVT: 6.50 (-0.10)
Servotronics, Inc. Announces Results For The Three And Nine Months Ended September 30, 2014
PR Newswire - Fri Nov 14, 4:44PM CST
Servotronics, Inc. (NYSE MKT: SVT) a designer and manufacturer of servo-control components and other advanced technology products announced today the results of its operations for the three and nine months ended September 30, 2014. Net loss for the three months ended September 30, 2014 was $3,301,000 (or ($1.46) per share Basic) compared to net income of $358,000 (or $0.16 per share Basic) in the same period of 2013. Excluding non-recurring items, the Company achieved adjusted net income for the third quarter of 2014 of $324,000 (or $0.14 adjusted per share Basic). Revenues for the quarter increased 3.9% to $8,031,000 compared to $7,727,000 last year with Advanced Technology Group (ATG) sales up 16.7%. (The results for the quarter include a charge of $5,419,000 ($3,625,000 net of tax) relating to an arbitration award.)
SVT: 6.50 (-0.10)
Servotronics, Inc. Expands New Hiring Initiative To Support Planned Growth Efforts
PR Newswire - Wed Oct 29, 1:53PM CDT
Servotronics, Inc. (NYSE-MKT: SVT), a designer and manufacturer of servo-control components and other advanced technology products, plans to hire approximately 25 additional full-time employees at its recently expanded Elma, New York facility. This hiring initiative is in response to growing customer demand and to deliver new capabilities in Servotronics' servo valve and motion control products. Servotronics has systematically increased its workforce by more than 20% over the past 12 months and the current hiring initiative is expected to increase the total headcount by an additional 10%.
SVT: 6.50 (-0.10)
Servotronics Ordered To Pay More Than $5 Million For Wrongful Termination Of President
PR Newswire - Mon Oct 20, 9:00AM CDT
Servotronics Inc. (NYSE MKT: SVT) has been ordered to pay more than $5 million for wrongfully terminating its former president and chief operating officer, Nicholas D. Trbovich, Jr.
SVT: 6.50 (-0.10)
The Ontario Knife Company® Wins 2014 "Best Of The Best" Award From Field & Stream Magazine
PR Newswire - Wed Aug 20, 12:24PM CDT
Every year Field & Stream expert field testers evaluate hundreds of the best new outdoor products in several categories, narrowing down the list to the equipment that stands apart as the "Best of the Best." For the second time in the past four years, an Ontario Knife Company product has been selected for this great distinction, with the Bushcraft Field Knife designed by OKC's Blademaster-in-Residence Dan Maragni chosen for 2014's survival knife category.
SVT: 6.50 (-0.10)
Servotronics, Inc. Announces Second Quarter And Six Month Results For The Periods Ended June 30, 2014
PR Newswire - Thu Aug 14, 3:04PM CDT
Servotronics, Inc. (NYSE MKT: SVT) second quarter 2014 performance showed a significant improvement in both sales and net income over the first quarter 2014. Quarter to quarter sales grew over 14%, from $6,990,000 to $7,995,000 with a turnaround in net income to $447,000 (or $0.20 per share Basic and Diluted) for the second quarter ended June 30, 2014. Net income for the comparable period ended June 30, 2013 was $504,000 (or $0.22 per share Basic and Diluted) on revenues of $8,067,000. Net income for the six month period ended June 30, 2014 was $302,000 (or $0.13 per share Basic and Diluted) on revenues of $14,985,000 as compared to net income for the comparable period ended June 30, 2013 of $681,000 (or $0.30 per share Basic and Diluted) on revenues of $15,409,000.
SVT: 6.50 (-0.10)
Tracking Capital Goods Sector: New Research on AV Homes, Libbey, Servotronics, Sifco, and SL Industries
PR Newswire - Tue Feb 10, 7:40AM CST
Editor Note: For more information about this release, please scroll to bottom.
LBY: 34.91 (-0.53), SVT: 6.50 (-0.10), SLI: 38.75 (-0.42), AVHI: 15.16 (+0.04), SIF: 21.85 (+0.91)
Servotronics, Inc. Appoints Decorated United States Navy Commander And Reserve F/A-18 Pilot To The Board Of Directors
PR Newswire - Tue Jan 27, 2:16PM CST
Servotronics, Inc. (NYSE MKT- SVT) announces the appointment of Rigel D. Pirrone, a Reserve Navy Commander and Executive Officer of Strike Fighter Squadron 204, to the Board of Directors. Mr. Pirrone brings over 15 years of leadership experience in the United States Navy, including two deployments aboard the aircraft carrier USS Abraham Lincoln where he served as a Landing Signal Officer and Forward Air Controller Airborne. His extensive experience includes assignments as a squadron Division Officer, Department Head, instructor pilot, and member of the F/A-18 Hornet Tactical Demonstration Team. Throughout the course of his career, Mr. Pirrone has accumulated over 3,000 flight hours across six air platforms including the F/A-18A-D Hornet and the F/A-18E/F Super Hornet, and he has extensive experience in the quality, maintenance, and safety requirements associated with the motion control subsystems that incorporate the Company's product line.
SVT: 6.50 (-0.10)
Servotronics (SVT) Downgraded From Hold to Sell
at The Street - Thu Dec 11, 6:10AM CST
Servotronics (SVT) has been downgraded by TheStreet Ratings from Hold to Sell with a ratings score of D.
SVT: 6.50 (-0.10)
Servotronics EPS of $0.14
Seeking Alpha - at Seeking Alpha - Fri Nov 14, 9:03PM CST
SVT: 6.50 (-0.10)
Servotronics, Inc. Announces Results For The Three And Nine Months Ended September 30, 2014
PR Newswire - Fri Nov 14, 4:44PM CST
Servotronics, Inc. (NYSE MKT: SVT) a designer and manufacturer of servo-control components and other advanced technology products announced today the results of its operations for the three and nine months ended September 30, 2014. Net loss for the three months ended September 30, 2014 was $3,301,000 (or ($1.46) per share Basic) compared to net income of $358,000 (or $0.16 per share Basic) in the same period of 2013. Excluding non-recurring items, the Company achieved adjusted net income for the third quarter of 2014 of $324,000 (or $0.14 adjusted per share Basic). Revenues for the quarter increased 3.9% to $8,031,000 compared to $7,727,000 last year with Advanced Technology Group (ATG) sales up 16.7%. (The results for the quarter include a charge of $5,419,000 ($3,625,000 net of tax) relating to an arbitration award.)
SVT: 6.50 (-0.10)
Servotronics, Inc. Expands New Hiring Initiative To Support Planned Growth Efforts
PR Newswire - Wed Oct 29, 1:53PM CDT
Servotronics, Inc. (NYSE-MKT: SVT), a designer and manufacturer of servo-control components and other advanced technology products, plans to hire approximately 25 additional full-time employees at its recently expanded Elma, New York facility. This hiring initiative is in response to growing customer demand and to deliver new capabilities in Servotronics' servo valve and motion control products. Servotronics has systematically increased its workforce by more than 20% over the past 12 months and the current hiring initiative is expected to increase the total headcount by an additional 10%.
SVT: 6.50 (-0.10)
Servotronics Ordered To Pay More Than $5 Million For Wrongful Termination Of President
PR Newswire - Mon Oct 20, 9:00AM CDT
Servotronics Inc. (NYSE MKT: SVT) has been ordered to pay more than $5 million for wrongfully terminating its former president and chief operating officer, Nicholas D. Trbovich, Jr.
SVT: 6.50 (-0.10)
The Ontario Knife Company® Wins 2014 "Best Of The Best" Award From Field & Stream Magazine
PR Newswire - Wed Aug 20, 12:24PM CDT
Every year Field & Stream expert field testers evaluate hundreds of the best new outdoor products in several categories, narrowing down the list to the equipment that stands apart as the "Best of the Best." For the second time in the past four years, an Ontario Knife Company product has been selected for this great distinction, with the Bushcraft Field Knife designed by OKC's Blademaster-in-Residence Dan Maragni chosen for 2014's survival knife category.
SVT: 6.50 (-0.10)
Servotronics, Inc. Announces Second Quarter And Six Month Results For The Periods Ended June 30, 2014
PR Newswire - Thu Aug 14, 3:04PM CDT
Servotronics, Inc. (NYSE MKT: SVT) second quarter 2014 performance showed a significant improvement in both sales and net income over the first quarter 2014. Quarter to quarter sales grew over 14%, from $6,990,000 to $7,995,000 with a turnaround in net income to $447,000 (or $0.20 per share Basic and Diluted) for the second quarter ended June 30, 2014. Net income for the comparable period ended June 30, 2013 was $504,000 (or $0.22 per share Basic and Diluted) on revenues of $8,067,000. Net income for the six month period ended June 30, 2014 was $302,000 (or $0.13 per share Basic and Diluted) on revenues of $14,985,000 as compared to net income for the comparable period ended June 30, 2013 of $681,000 (or $0.30 per share Basic and Diluted) on revenues of $15,409,000.
SVT: 6.50 (-0.10)
