Mace Security International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 01, 2022
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Mace Security International, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 2.5 million compared to USD 3.82 million a year ago. Net loss was USD 0.233 million compared to net income of USD 0.142 million a year ago.
For the nine months, sales was USD 6.64 million compared to USD 10.52 million a year ago. Net loss was USD 1.27 million compared to net income of USD 0.953 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago.
Mace Security International, Inc. is a manufacturer and provider of personal safety and security products to consumer and law enforcement markets. It operates in one business segment, the Security Segment, which sells personal safety and security products to retailers, distributors, and individual consumers. The Company also sells tactical spray products and systems to law enforcement, security professionals, correctional institutions, and military markets. It markets products through Vigilant, Tornado, and Takedown brands. It directly distributes and supports its branded products through customer channels that include selected retailers, wholesale distributors, independent dealers, e-commerce channels, and its Website, www.mace.com. The Company's product categories include gift cards, pepper gel, pepper gun, pepper spray, personal alarm, vehicle parks and accessories, dorm room safety kits and stun guns.
MACE SECURITY INTERNATIONAL, INC. 
