Universal Security Instruments: Universal Security Instruments, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2024

Universal Security Instruments, Inc. reported earnings results for the third quarter and nine months ended December 31, 2024. For the third quarter, the company reported sales was USD 5.54 million compared to USD 4.65 million a year ago. Net loss was USD 0.936639 million compared to net income of USD 0.102176 million a year ago. Basic loss per share from continuing operations was USD 0.4 compared to basic earnings per share from continuing operations of USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.4 compared to diluted earnings per share from continuing operations of USD 0.04 a year ago. For the nine months, sales was USD 17.34 million compared to USD 15.07 million a year ago. Net loss was USD 0.801867 million compared to net income of USD 0.080881 million a year ago. Basic loss per share from continuing operations was USD 0.35 compared to basic earnings per share from continuing operations of USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.35 compared to diluted earnings per share from continuing operations of USD 0.03 a year ago.