MARINE PRODUCTS DL-,10

Marine Products’ compensation committee approved cash transaction bonuses for two executives: Ben M. Palmer will receive $200,000 and Michael L. Schmit $100,000. The payments are contingent on the closing of the planned cash-and-stock transaction with MasterCraft; half of each bonus is payable at closing and the remainder 90 days later. The takeover by MasterCraft is valued at about $232.2 million and envisions Marine Products becoming a 100% subsidiary through a two-step merger process. Marine Products is trading near its 52-week low; according to analysis it appears undervalued, has more cash than debt and a dividend yield of 7.84%. The regular quarterly dividend of $0.14 will be paid on March 10. » Mere på de.investing.com

Marine Products reported Q3 2025 EPS of US$0.07 (expectation US$0.10) and revenue of US$53.1m (expectation US$54.8m). The share fell 5.33% in after-hours trading to US$8.52. Despite a 7% revenue increase, EBITDA declined 15% to US$3.7m. The company is debt-free with US$47.4m in cash and plans investments and strategic measures to secure growth. » Mere på de.investing.com

Marine Products Corporation reported earnings per share of $0.12 for the second quarter of 2025, meeting analyst expectations, while revenue of $67.7 million came in slightly below forecasts. Despite a 3% decline in revenue and lower boat sales volume, the stock rose 1.6% in after-hours trading, supported by improved gross margin and a strong liquidity position. CEO Ben Palmer expressed cautious optimism for the second half of the year, citing planned model launches and potential positive effects from interest rate cuts. » Mere på de.investing.com