Inactive Instrument

Amerinac Holding Corp.

Equities

PAOS

US03077Y2063

Industrial Machinery & Equipment

Amerinac Holding Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2019

November 13, 2019 at 03:05 pm

Amerinac Holding Corp. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was USD 10.627 million compared to USD 10.972 million a year ago. Net income was USD 345,817 compared to USD 390,620 a year ago. Basic earnings per share from continuing operations was USD 1.1 compared to USD 1.31 a year ago. For the nine months, sales was USD 34.690 million compared to USD 32.986 million a year ago. Net income was USD 1.362 million compared to USD 1.302 million a year ago. Basic earnings per share from continuing operations was USD 4.34 compared to USD 4.38 a year ago.

Latest news about Amerinac Holding Corp.

Amerinac Holding Corp. Reports Earnings Results for the First Quarter Ended March 31, 2020	20-05-15	CI
Amerinac Holding Corp. Reports Earnings Results for the Full Year Ended December 31, 2019	20-03-30	CI
Amerinac Holding Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2019	19-11-13	CI
Amerinac Holding Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-08-14	CI
Amerinac Holding Corp. Reports Earnings Results for the First Quarter Ended March 31, 2019	19-05-14	CI
Amerinac Holding Corp. Reports Earnings Results for the Full Year Ended December 31, 2018	19-03-26	CI
Amerinac Holding Corp. Announces Executive Changes	17-11-15	CI
Amerinac Holding Corp. announced that it has received $0.63 million in funding	17-09-27	CI
Amerinac Holding Corp. completed the acquisition of all of the assets of Prime Metals & Alloys Inc.	17-08-16	CI
Amerinac Holding Corp. entered into an asset purchase agreement to acquire all of the assets of Prime Metals & Alloys Inc. for $9.6 million.	17-07-18	CI
Amerinac Holding Corp. announced that it has received $4.32 million in funding	17-07-16	CI
Precision Aerospace Components, Inc. announced a financing transaction	17-06-11	CI
Precision Aerospace Components, Inc. announces an Equity Buyback for 96,697 shares, for $0.9 million.	17-05-01	CI
Tranche Update on Precision Aerospace Components, Inc.'s Equity Buyback Plan announced on May 1, 2017.	17-05-01	CI
Apollo Aerospace Components Limited acquired substantially all assets of Aero-Missile Components Inc. from Precision Aerospace Components, Inc. for $10.5 million.	17-04-30	CI
Precision Aerospace Components, Inc. authorizes a Buyback Plan.	17-04-27	CI
Precision Aerospace Components, Inc.'s Equity Buyback announced on May 1, 2017 has closed with 96,697 shares for $0.9 million.	17-04-27	CI
Precision Aerospace Components, Inc. will Change its Ticker to PAOS from PAOSD	16-11-14	CI
Precision Aerospace Components, Inc. will Change its Ticker to PAOSD from PAOS	16-10-18	CI
Precision Aerospace Components, Inc. announced that it has received $18.04 million in funding from C3 Capital Partners, LP, Precision Group Holdings LLC	16-07-06	CI
Precision Aerospace Components, Inc. Announces Executive Changes	16-04-06	CI
Precision Aerospace Components, Inc. Announces Resignation of Andrew S. Prince as A Member of the Board of Directors	15-12-29	CI
Precision Aerospace Components, Inc. Establishes New Revolving Credit Facility	15-09-01	CI
Precision Aerospace Components, Inc. Announces Management Changes	15-01-23	CI
Precision Aerospace Components, Inc. announced that it expects to receive $18.04 million in funding from C3 Capital Partners, LP, Precision Group Holdings LLC	15-01-15	CI

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Company Profile

Amerinac Holding Corp. is a distributor of nut and bolt products that are for industrial and commercial applications. The Company manufactures specialty stainless steel, and related products for steel mills, steel forging operations, and various metal fabrication facilities. The Company operates through three segments: Creative Assembly Systems, Inc (Creative Assembly); Prime Metals Acquisition LLC (PMAL); USAC Ross LLC (USAC Ross) and USAC WA LLC (USAC WA). The Company's Creative Assembly subsidiary, which includes all distribution of specialty fasteners primarily serving the heavy truck, automotive, transportation, and infrastructure industries. Its PMAL subsidiary includes its manufacturing of specialty ingot, electrode products, shot products, and master alloys in addition to toll conversion melting services. The Company's USAC Ross and USAC WA subsidiaries include its manufacturing of precision aluminum castings, as well as in-house heat treating, machining and powder coating.

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Industrial Machinery & Equipment

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