P&F Industries Reports On Gain On Sale Of Nationwide Industries, Inc. And Reports Results For The Three Months Ended March 31, 2016
PR Newswire - Thu May 12, 7:00AM CDT
P&F Industries, Inc. (NASDAQ: PFIN) today announced its results of continuing operations for the three-month period ended March 31, 2016. P&F Industries, Inc. is reporting first quarter 2016 revenue from continuing operations of $14,499,000, compared to $14,559,000, for the first quarter of 2015. The Company is also reporting first quarter 2016 income from continuing operations before taxes of $109,000, compared to $588,000 for the same period a year ago. Its net income from continuing operations this quarter was $66,000, versus $373,000 for the same three-month period in 2015.
PFIN: 9.23 (-0.01)
P&F Industries To Report Results For The Three Month Period Ended March 31, 2016
PR Newswire - Thu Apr 21, 7:00AM CDT
P&F Industries, Inc. (NASDAQ GM: PFIN), plans to release its results for the three-month period ended March 31, 2016, before the market opens on Thursday, May 12, 2016. The company has scheduled a conference call beginning at 11:00 a.m. Eastern time the same day.
PFIN: 9.23 (-0.01)
P&F Industries Reports Improved Results for the Year Ended December 31, 2015
PR Newswire - Tue Mar 29, 7:00AM CDT
P&F Industries, Inc. (NASDAQ: PFIN) today announced its results of operations for the year ended December 31, 2015. P&F Industries, Inc. is reporting full year 2015 revenue of $81,702,000, compared to $75,035,000, for the full year 2014. The Company is also reporting that its full year 2015 income after taxes increased $1,464,000, to $3,544,000, from $2,080,000.
PFIN: 9.23 (-0.01)
P&F Industries To Report Results For The Year Ended December 31, 2015
PR Newswire - Mon Mar 14, 7:00AM CDT
P&F Industries, Inc. (NASDAQ GM: PFIN), plans to release its results for the year ended December 31, 2015, before the market opens on Tuesday, March 29, 2016. The company has scheduled a conference call beginning at 11:00 a.m. Eastern time the same day.
PFIN: 9.23 (-0.01)
P&F Industries Declares Both a One-Time Special Dividend and the Initiation of a Quarterly Dividend Plan
PR Newswire - Tue Mar 08, 2:15PM CST
P&F Industries, Inc. (NASDAQ: PFIN) today announced that its Board of Directors declared a special, one-time cash dividend of $0.50 per share payable on April 4, 2016, to stockholders of record at the close of business on March 21, 2016. The total amount of this special dividend payment will be approximately $1.8 million based on the current number of shares outstanding. Further, the Company's Board of Directors also announced that it approved the initiation of a dividend policy under which the Company intends to declare a cash dividend to the Company's stockholders in the amount of $0.20 per share per annum, payable in equal quarterly installments. In conjunction therewith, the Company's Board of Directors declared an initial quarterly cash dividend of $0.05 per share to stockholders of record at the close of business on March 31, 2016. This dividend is payable on April 14, 2016.
PFIN: 9.23 (-0.01)
P&F Industries Reports Improved Results for the Three and Nine-Month Periods Ended September 30, 2015
PR Newswire - Thu Nov 12, 7:00AM CST
P&F Industries, Inc. (NASDAQ: PFIN) today announced its results of operations for the three and nine-month periods ended September 30, 2015. P&F Industries, Inc. is reporting third quarter 2015 revenue of $21,678,000, compared to $22,932,000, for the third quarter of 2014. For the nine-month period ended September 30, 2015, the Company's revenue increased to $64,064,000, from $57,132,000 during the same period in 2014. The Company is also reporting that its third quarter 2015 income before taxes increased 15.6% to $1,655,000, from $1,432,000 for the same three-month period in 2014. Its income before taxes for nine-month period ended September 30, 2015, increased 56.0% to $4,853,000 from $3,110,000 for the same period a year ago. Its net income for the three-month period ended September 30, 2015 improved 28.7% to $1,050,000, from $816,000 reported during the third quarter of 2014, and its nine-month net income improved 69.9% to $3,143,000, from $1,850,000, for the same period in 2014. Lastly, the Company's basic and diluted earnings per share are as follows:
PFIN: 9.23 (-0.01)
P&F Industries Reports Improved Results For The Three And Six-Month Periods Ended June 30, 2015
PR Newswire - Wed Aug 12, 7:00AM CDT
P&F Industries, Inc. (NASDAQ: PFIN) today announced its results of operations for the three and six-month periods ended June 30, 2015. P&F Industries, Inc. is reporting second quarter 2015 revenue of $22,560,000, compared to revenue of $18,268,000, for the second quarter of 2014. For the six-month period ended June 30, 2015, the Company's revenue increased to $42,386,000, from $34,200,000 during the same period a year ago. The Company is also reporting that its income before taxes was $1,967,000 and $3,198,000, respectively, for the three and six-month periods ended June 30, 2015, compared to $959,000 and $1,678,000, respectively, for the same periods in 2014. Its net income for the three and six-month periods ended June 30, 2015 improved to $1,312,000 and $2,093,000, respectively, from $572,000 and $1,034,000, respectively, for the same periods in the prior year. Lastly, the Company's basic and diluted earnings per share are as follows:
PFIN: 9.23 (-0.01)
P&F Industries to Report Results for the Three and Six-Month Periods Ended June 30, 2015
PR Newswire - Mon Jul 20, 7:00AM CDT
P&F Industries, Inc. (NASDAQ GM: PFIN), plans to release its results for the three and six-month periods ended June 30, 2015, before the market opens on Wednesday, August 12, 2015. The company has scheduled a conference call beginning at 11:00 a.m. Eastern time the same day.
PFIN: 9.23 (-0.01)
P&F Industries Reports Results For The Three Months Ended March 31, 2015
PR Newswire - Tue May 12, 7:00AM CDT
P&F Industries, Inc. (NASDAQ: PFIN) today announced its results of operations for the three-month period ended March 31, 2015. P&F Industries, Inc. is reporting first quarter of 2015 revenue of $19,826,000, compared to revenue of $15,932,000, for the first quarter of 2014. The Company is also reporting first quarter of 2015 income before taxes of $1,231,000, compared to $719,000 for the same period a year ago. Its net income this quarter was $781,000, versus $462,000 for the same three-month period in 2014. Lastly, the Company's basic and diluted earnings per share are as follows:
PFIN: 9.23 (-0.01)
Nasdaq stocks posting largest percentage decreases
AP - Mon Mar 30, 12:16PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at 1 p.m.:
ARCW: 2.41 (+0.01), HIIQ: 4.41 (+0.06), MARA: 2.62 (+0.13), PFIN: 9.23 (-0.01), SPKE: 33.23 (-1.30)
P&F Industries Reports Results For The Year Ended December 31, 2014
PR Newswire - Mon Mar 30, 7:00AM CDT
P&F Industries, Inc. (NASDAQ: PFIN) today announced its results of operations for the year ended December 31, 2014. P&F Industries, Inc. is reporting full year 2014 revenue of $75,035,000, compared to $76,066,000, for the full year 2013. Richard Horowitz, the Company's Chairman of the Board, Chief Executive Officer and President commented, "Primarily the result of our decision in late 2013 to sell the kitchen and bath product line, which had revenue of $2,331,000 in 2013, Nationwide's 2014 revenue declined $1,571,000, when compared to the prior year. However, the loss of the kitchen and bath revenue was partially offset with the continued growth in Nationwide's primary product line of fence and gate hardware. With higher overall gross margin and lower operating expenses, Nationwide was able to generate improved operating income compared to 2013. In the third quarter of 2014, we completed three acquisitions, each of which was accretive in 2014. These acquisitions provided us with expanded and new product channels and greater international presence. The purchase of Exhaust Technologies, Inc., and Universal Air Tools Company Limited, was the primary factor in Florida Pneumatic's $5.4 million increase in its higher gross margin Automotive tools revenue. These acquisitions offset the decline in Florida Pneumatic's lower gross margin Retail revenue from The Home Depot, which was primarily due to the fact that our 2013 retail revenue included initial stocking orders, and the continued slowdown at Sears. The acquisition of Air Tool Service Company contributed to the growth in Hy-Tech's fourth quarter of 2014 revenue and gross margin. Lastly, I wish to point out that, as the result of the three acquisitions during 2014, included in our 2014 selling and general administrative expenses, are $764,000 of acquisition-related expenses, as well as additional amortization and depreciation of approximately $545,000. As a result, P&F's full year 2014 income before income taxes is $3,777,000, compared to $4,604,000, for 2013. I believe it is important to note that, despite an erratic economy, which we believe was a contributing factor for the decline in consolidated revenue and pre-tax profit, our full year 2014 EBITDA was $6,586,000, compared to $6,920,000 in 2013. I remain optimistic as we look toward 2015."
PFIN: 9.23 (-0.01)
United States Specialized Machinery Manufacturing, Including Fire Sprinkler Systems, Jacks, and Packaging and Fluid Power Machinery Industry 2014-2021 - Market expected to Reach $54.5 Billion
M2 - Thu Feb 05, 3:51AM CST
Research and Markets (http://www.researchandmarkets.com/research/z3f8f7/specialized) has announced the addition of Plunkett Research Ltd's new report "Specialized Machinery Manufacturing, Including Fire Sprinkler Systems, Jacks, and Packaging and Fluid Power Machinery Industry (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2021" to their offering. Vital industry-specific data including metrics, benchmarks, historic numbers, growth rates and forecasts that will save countless hours of research. Key Findings: - Specialized Machinery Manufacturing, Including Fire Sprinkler Systems, Jacks, and Packaging and Fluid Power Machinery Industry (U.S.) to reach $54.5 billion by 2021. - Specialized Machinery Manufacturing, Including Fire Sprinkler Systems, Jacks, and Packaging and Fluid Power Machinery Industry, including Average EBITDA, Operating Ratios and Sales per Employee. Core Benefits to Customer: - Comprehensive overview of an industry's financial results, ratios, vital statistics and metrics in one package - Complete benchmarking of the industry and its top companies - Deep industry and company financials This Report Features: - Historical data - Revenue forecasts, growth rates and CAGR - Operating ratios - Complete data for benchmarking a company to its industry and to specific leading companies - Benchmarking this industry to all U.S. industries - Deep profiles and financial histories/operating ratios for up to ten top U.S.-based companies Designed to benefit: - Analysis and Financial Modeling - Investment Professionals - Lenders - M&A Advisors - Appraisers - Consultants Industry Summary - Revenues historical through 2013 - Revenues projected through 2021 - Employee Count 2007-2013 - Annual Growth Rate 2013 - CAGR 2006 through 2013 - CAGR 2014 through 2021 - Top U.S. Companies Key Topics Covered: I. Introduction II. Industry Description for this NAIC Code III. Industry Summary, Current Year IV. Employment and Establishment Count V. This Industry's Financial Data, U.S., With Revenue Projections to 2021 VI. Top Companies Profiled & Ranked VII. Appendix: Assumptions VIII. Data Description and Sources Companies Mentioned - Lincoln Electric Holdings Inc. - P & F Industries, Inc. - Stanley Black & Decker Inc For more information visit http://www.researchandmarkets.com/research/z3...pecialized Source: Plunkett Research Ltd
SWK: 113.65 (-0.42), PFIN: 9.23 (-0.01), LECO: 59.74 (+0.08)
Nasdaq stocks posting largest volume decreases
AP - Thu Dec 11, 5:02PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
LARK: 25.54 (+0.13), BWINB: 23.67 (-0.25), WBKC: 25.61 (+0.01), CBIN: 27.37 (+0.16), BWINA: 22.81 (-0.38), GCBC: 16.05 (-0.21), KFFB: 8.35 (-0.10), WVFC: 11.49 (-0.01), PFIN: 9.23 (-0.01), CZFC: 14.50 (-0.34), JAXB: 16.45 (+0.40)
P&F Industries Reports Results for the Three and Nine-Month Periods Ended September 30, 2014
PR Newswire - Wed Nov 12, 7:00AM CST
P&F Industries, Inc. (NASDAQ: PFIN) today announced its results of operations for the three and nine-month periods ended September 30, 2014.
PFIN: 9.23 (-0.01)