Uniroyal Global Engineered Products, Inc. Reports Earnings Results for the Third Quarter Ended September 29, 2019
November 05, 2019 at 02:56 am IST
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Uniroyal Global Engineered Products, Inc. announced earnings results for the third quarter ended September 29, 2019. For the third quarter, the company announced sales was USD 22.033 million compared to USD 24.322 million a year ago. Operating income was USD 749,012 compared to USD 1.138 million a year ago. Net income was USD 277,374 compared to USD 759,569 a year ago. Basic loss per share was USD 0.03 compared to Basic EPS of USD 0 a year ago. Basic loss per share from continuing operations was USD 0.03 compared to Basic EPS - Continuing Operations of USD 0 a year ago. For the nine months, sales was USD 71.523 million compared to USD 76.775 million a year ago. Operating income was USD 2.761 million compared to USD 3.511 million a year ago. Net income was USD 1.273 million compared to USD 2.173 million a year ago. Basic loss per share was USD 6 compared to USD 0.01 a year ago. Diluted loss per share was USD 0.06 compared to USD 0.01 a year ago.
Uniroyal Global Engineered Products, Inc. is focused on manufacturing and selling vinyl coated fabric products. Its brand names include Naugahyde, BeautyGard, Flame Blocker, Spirit Millennium, Ambla, Amblon, Velbex, Cirroflex, Plastolene, and Vynide. The Company's products are used in various applications, such as automotive and non-automotive transportation, certain indoor/outdoor furniture, commercial and hospitality seating, healthcare facilities, and athletic equipment. In the automotive industry, its products are used primarily in seating, door panels, head and arm rests, security shades, and trim components, including instrument panels, door casings, seating, gear lever and steering column gaiters, headliners, and load space covers. Non-automotive applications include outdoor seating for utility and sports vehicles, sheeting used in medical and toxic hazard protection, personal protection, moisture barriers, stroller and nursery equipment, and decorative surface applications.
UNIROYAL GLOBAL ENGINEERED PRODUCTS, INC. 
