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UNIVERSAL SECURITY INSTRUMENTS INC [UUU]  posts $0.3413M profit as revenue falls 1.68% to $5.76M

UNIVERSAL SECURITY INSTRUMENTS INC [UUU] posts $0.3413M profit as revenue falls 1.68% to $5.76M

By USInMinutes
Published - Feb 17, 2023, 12:11 AM ET
Last Updated - Feb 19, 2023, 09:01 AM EST
EPS:0.15 Net Sales: $5.76M  
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UNIVERSAL SECURITY INSTRUMENTS INC [UUU] posted a profit of $0.3413M, marking a rise of 70.14% for this quarter.

Revenue fell to $5.76M this quarter compared to $5.86M in the previous quarter.

The Maryland(MD)-based company’s earnings per share came in at 0.15, compared to 0.09 in the last report.

According to the latest quarterly report the company has filed with the SEC, current earnings were $0.3413M, up 70.14% from $0.2006M.

The company’s net sales for the period were $5.76M, down 1.68%. Net sales in the previous quarter were $5.86M.

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