Universal Security Instruments: Universal Security Instruments, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023

Universal Security Instruments, Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was USD 4.65 million... Universal Security Instruments, Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was USD 4.65 million compared to USD 5.76 million a year ago. Net income was USD 0.102176 million compared to USD 0.341312 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.15 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to USD 0.15 a year ago. For the nine months, sales was USD 15.07 million compared to USD 16.25 million a year ago. Net income was USD 0.080881 million compared to USD 0.435776 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.19 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to USD 0.19 a year ago.