Schmitt Industries, Inc. (SMIT)
| Market Cap | 14.67M |
| Revenue (ttm) | 10.12M |
| Net Income (ttm) | -9.29M |
| Shares Out | 3.78M |
| EPS (ttm) | -2.47 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 32,093 |
| Open | 3.82 |
| Previous Close | 3.82 |
| Day's Range | 3.78 - 3.86 |
| 52-Week Range | 3.61 - 8.38 |
| Beta | 0.94 |
| Analysts | n/a |
| Price Target | n/a |
| Est. Earnings Date | n/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...
Financial Performance
Financial StatementsNews
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"...
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.
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.
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.
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.
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...
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...
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 ...
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...
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...
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...
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...
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.
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...
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...
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...
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.
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...
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...
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...
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...
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.
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...
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
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...