Company profile

Ticker
EML
Exchange
CEO
August M. Vlak
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
60330020

EML stock data

(
)

Calendar

8 Aug 19
17 Sep 19
28 Dec 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 61.44M 60.88M 56.61M 57.36M
Net income 2.53M 1.57M 4.38M 3.77M
Diluted EPS 0.4 0.25 0.7 0.6
Net profit margin 4.12% 2.58% 7.74% 6.57%
Operating income 2.96M 2.33M 4.56M 4.74M
Net change in cash 120.61K -378.48K 2.75M -7.81M
Cash on hand 13.67M 13.55M 13.93M 11.17M
Cost of revenue 46.43M 47.07M 41.88M 43.14M

Financial data from Eastern earnings reports

Financial report summary

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Risks
  • The Company's business is subject to risks associated with conducting business overseas.
  • Indebtedness may affect our business and may restrict our operating flexibility.
  • Increases in the price or reduced availability of raw materials.
  • If tariffs on imported Chinese products are further expanded to include an additional $267 billion of products and the tariff is increased to 25% from the current 10% our cost of raw materials may increase, which could adversely affect our business, results of operations and financial condition.
  • Changes in competition in the markets that the Company services could impact revenues and earnings.
  • The inability to develop new products could limit growth.
  • The inability to identify or complete acquisitions could limit growth.
  • Environmental compliance costs and liabilities could increase the Company's expenses and adversely affect the Company's financial condition.
  • Our technology is important to the Company's success and the failure to protect this technology could put the Company at a competitive disadvantage.
  • The Company relies on information and technology for many of its business operations, which could fail and cause disruption to the Company's business operations.
  • A breach in the security of the Company's software could harm its reputation, result in a loss of current and potential customers and subject the Company to material claims, which could materially harm our operating results and financial condition.
  • The Company could be subject to litigation, which could have a material impact on the Company's business, financial condition or results of operations.
  • The Company could be subject to additional tax liabilities.
  • The Company's goodwill or indefinite-lived intangible assets may become impaired, which could require a significant charge to earnings to be recognized.
  • The Company may need additional capital in the future, which may not be available on acceptable terms, if at all.
  • The Company's stock price may become highly volatile.
  • The Company may not be able to reach acceptable terms for contracts negotiated with its labor unions and be subject to work stoppages or disruption of production.
  • Deterioration in the creditworthiness of several major customers could have a material impact on the Company's business, financial condition or results of operations.
  • The Company's operating results may fluctuate, which makes the results of operations difficult to predict and could cause the results to fall short of expectations.
  • New or existing U.S. or foreign laws could subject the Company to claims or otherwise impact the Company's business, financial condition or results of operations.
Management Discussion
  • Net sales in the fourth quarter of 2018 increased 5% to $56.6 million from $54.1 million a year earlier.  Sales increased in the Industrial Hardware Segment by 6% for the fourth quarter of 2018 as compared to sales in the fourth quarter of 2017 as a result of strong sales growth to Class 8 Trucks, distribution, specialty vehicles and truck accessories customers.  Sales of new products contributed 5% and included a new hood mount truck mirror, a modular toolbox latching system, an electronic activated latching system and various composite panels.  Sales in the Security Products Segment increased by 2% for the fourth quarter of 2018 compared to the fourth quarter of 2017.  Sales in the Metal Products Segment increased 5% for the fourth quarter of 2018 from sales in the fourth quarter of 2017 as a result of an increase in sales to industrial casting customers.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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