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Schmitt Industries, Inc. (SMIT)

NASDAQ: SMIT · IEX Real-Time Price · USD
3.86 0.04 (1.05%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap14.67M
Revenue (ttm)10.12M
Net Income (ttm)-9.29M
Shares Out3.78M
EPS (ttm)-2.47
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume32,093
Open3.82
Previous Close3.82
Day's Range3.78 - 3.86
52-Week Range3.61 - 8.38
Beta0.94
Analystsn/a
Price Targetn/a
Est. Earnings Daten/a

About SMIT

Schmitt Industries, Inc., together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. The company operates through two segments, Measurement and Ice Cream. The Measurement segment designs, manufactures, and sells laser and confocal chromatic white light sensors for distance measurement and dimensional sizing products under the Acuity brand name for various industrial applications, including manufacturing, lumber production, steel casting, glass and paper production, medical imaging, crane control an...

IndustryElectronic Equipment, Instruments & Components
IPO DateMar 7, 1995
CEOMichael Zapata
Employees138
Stock ExchangeNASDAQ
Ticker SymbolSMIT
Full Company Profile

Financial Performance

Financial Statements

News

Schmitt Industries Appoints Alex Zyngier to its Board

PORTLAND, Ore., Oct. 22, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced the appointment of Alex Zyngier as the fifth member of the Company's Board of Directors (the "Board"...

14 hours ago - PRNewsWire

Schmitt Announces First Quarter Fiscal 2022 Operating Results

PORTLAND, Ore., Oct. 20, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal quarter ended August 31, 2021.

2 days ago - PRNewsWire

Schmitt Announces Fiscal 2021 Operating Results

PORTLAND, Ore., Aug. 31, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal year ended May 31, 2021.

1 month ago - PRNewsWire

Schmitt Industries Announces New AS2100 Accurate Distance Sensor

PORTLAND, Ore., July 28, 2021 /PRNewswire/ -- Schmitt Industries Inc. (NASDAQ: SMIT) is pleased to announce the release of a new product, the AS2100 Accurate Distance Sensor.

2 months ago - PRNewsWire

Schmitt Announces Third Quarter Fiscal 2021 Operating Results

PORTLAND, Ore., April 22, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal quarter ended February 28, 2021.

6 months ago - PRNewsWire

Schmitt Announces Second Quarter Fiscal 2021 Operating Results

PORTLAND, Ore., Jan. 14, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal quarter ended November 30, 2020. T...

9 months ago - PRNewsWire

Schmitt Industries Annual Meeting and Update Video Conference to be Held December 10, 2020

PORTLAND, Ore., Nov. 23, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") reminds its shareholders that Schmitt's 2020 annual meeting (the "Annual Meeting") will...

10 months ago - PRNewsWire

Schmitt Industries Announces CFO Appointment

PORTLAND, Ore., Nov. 6, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") is pleased to announce the appointment of Philip Bosco, CPA, as Chief Financial Officer ...

11 months ago - PRNewsWire

Schmitt Industries Receives Compliance Notice From Nasdaq

PORTLAND, Ore., Nov. 02, 2020 (GLOBE NEWSWIRE) -- On November 2, 2020, Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) received written notice from the Listing Qualifications Depart...

11 months ago - GlobeNewsWire

Schmitt Announces First Quarter Fiscal 2021 Operating Results

PORTLAND, Ore., Oct. 30, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal quarter ended August 31, 2020. The...

11 months ago - PRNewsWire

Schmitt Industries Appoints Lillian Tung to its Board

PORTLAND, Ore., Oct. 27, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced the appointment of Lillian Tung as the fifth member of the Company's Bo...

11 months ago - PRNewsWire

Schmitt Industries Discloses Notice From Nasdaq

PORTLAND, Ore., Oct. 23, 2020 /PRNewswire/ -- On October 19, 2020, Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") received written notice from the Listing Qualifications Department...

11 months ago - PRNewsWire

Schmitt Announces Fiscal 2020 Operating Results

PORTLAND, Ore., Aug. 31, 2020 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced its operating results for the fiscal year ended May 31, 2020.

1 year ago - GlobeNewsWire

Schmitt Announces New Website Launch for Acuity Laser

PORTLAND, Ore., July 30, 2020 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) announced the launch of a new website for its Acuity Laser product line. The newl...

1 year ago - GlobeNewsWire

Schmitt Industries Announces Extension of Dutch Tender Offer

PORTLAND, Ore., July 13, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced that it has extended the offering period of its previously announced ca...

1 year ago - PRNewsWire

Schmitt Purchases Ample Hills Creamery, Inc. Assets

PORTLAND, Ore., July 10, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") announced today that it has closed the acquisition of the assets of Ample Hills Creamer...

1 year ago - PRNewsWire

An Inside Scoop On Ample Hills: Schmitt Industries Got A Great Deal

In an 8-K filing, Schmitt Industries announced that it had acquired a business in bankruptcy proceedings called Ample Hills Creamery.

1 year ago - Seeking Alpha

Schmitt Provides Shareholder Value Opportunity Update, Announces Dutch Tender Offer

PORTLAND, Ore., June 03, 2020 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced the completion of the evaluation of the previously announced stra...

1 year ago - GlobeNewsWire

SCHMITT PROVIDES COVID-19 UPDATE AND SUPPORT PLANS

PORTLAND, Ore., March 26, 2020 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”), in response to the current economic and market conditions due to the COVID-19 p...

1 year ago - GlobeNewsWire

Schmitt Industries Announces Delay of Delisting and Deregistration of its Common Stock

PORTLAND, Ore., Feb. 19, 2020 (GLOBE NEWSWIRE) --  Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced it will delay the delisting and deregistration of its common sto...

1 year ago - GlobeNewsWire

Schmitt Industries Announces Intention to Delist and Deregister Its Common Stock

PORTLAND, Ore., Feb. 04, 2020 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced its intention to delist its common stock from the NASDAQ Stock Ma...

1 year ago - GlobeNewsWire

Schmitt Announces Second Quarter 2020 Operating Results and CFO Appointment

PORTLAND, Ore., Jan. 15, 2020 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced its operating results for the second quarter of Fiscal 2020.

1 year ago - GlobeNewsWire

Schmitt Industries Announces CFO Resignation

PORTLAND, Ore., Dec. 18, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) announced today that Regina Walker has tendered her resignation as Chief Financia...

1 year ago - GlobeNewsWire

Christmas Pick: Schmitt Trading Below Cash And Real Estate, Plus The Business For Free

Christmas Pick: Schmitt Trading Below Cash And Real Estate, Plus The Business For Free

1 year ago - Seeking Alpha

Schmitt Industries Announces $2M Stock Repurchase Plan

PORTLAND, Ore., Dec. 03, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced that its Board of Directors authorized a share repurchase plan (t...

1 year ago - GlobeNewsWire