Schmitt Industries, Inc (SMIT)

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About Schmitt Industries, Inc

Schmitt Industries, Inc., together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. The company’s Balancer segment offers computer-controlled vibration detection, balancing, and process control systems. Its products comprise SB-5500, an optional acoustic emission monitoring system (AEMS) control card to monitor the AE signals generated on the grinding machine; process control cards to provide enhanced control of the grinding process; SB-2000, a compact manual balancing system; and AE-1000, an AE control platform, which reduces air machine grinding time under the Schmitt Dynamic Balance System brand name. This segment sells its products to end user operators, as well as manufacturers of grinding machines for automotive, industrial, aerospace, and medical industries through independent manufacturers’ representatives and distributors. Its Measurement segment provides laser and confocal chromatic white light sensors for distance, measurement, and dimensional sizing products under the Acuity brand name for various application, including manufacturing, lumber production, steel casting, glass and paper production, medical imaging, crane control and micron-level part, and surface inspection; and ultrasonic measurement products that measure the levels of liquid tanks and transmit that data through satellite to a secure Website for display, as well as remote tank monitoring products under the Xact brand name. Schmitt Industries, Inc. was founded in 1984 and is based in Portland, Oregon. Address: 2765 NW Nicolai Street, Portland, OR, United States, 97210

Schmitt Industries, Inc News and around…

Latest news about Schmitt Industries, Inc (SMIT) common stock and company :

SCHMITT INDUSTRIES ANNOUNCES IT HAS ENTERED INTO LOI FOR XACT ASSETS
18 May, 2022 Yahoo! Finance

Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") announced that it has entered into a letter of intent to sell all assets related to its Xact business line. This potential transaction is subject to several contingencies, including the negotiation and execution of definitive transaction agreement, the completion of due diligence to the satisfaction of the acquirer and Company board approval.

SCHMITT ANNOUNCES FY22 Q3 RESULTS AND STRATEGIC INTENTION TO FOCUS ON AMPLE HILLS CREAMERY
14 Apr, 2022 Yahoo! Finance

Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its results for the third quarter of fiscal year 2022. In addition, the Company announced its intention to focus on Ample Hills Creamery ("Ample Hills") as its core business. This focus will enable Schmitt to accelerate its Ample Hills growth strategy while saving costs and focusing resources on Ample Hills as an independent company.

11 Information Technology Stocks Moving In Friday's Intraday Session
25 Mar, 2022 FinancialContent

Gainers Schmitt Industries (NASDAQ:SMIT) stock increased by 10.8% to $4.79 during Friday's regular session. The ...

Acreage Holdings Appoints Steve Strom As Its Ninth Board Of Directors' Member
04 Mar, 2022 FinancialContent

Acreage Holdings, Inc. (CSE: ACRG.A.U) (CSE: ACRG.B.U) (OTCQX: ACRHF) (OTCQX: ACRDF) appointed Steve Strom to its board of ...

Communications Systems to Enhance Finance and Solar Expertise of Board of Directors Following Merger with Pineapple Energy
15 Feb, 2022 FinancialContent

Communications Systems, Inc. (Nasdaq: JCS) (“CSI” or the “Company”) today highlighted steps to enhance the composition of its board of directors following the closing of the proposed merger with Pineapple Energy LLC (“Pineapple”). Following the completion of the proposed merger with Pineapple, CSI will be renamed “Pineapple Holdings, Inc.” (“Pineapple Holdings”), will trade under the new Nasdaq ticker symbol “PEGY,” and will be focused on the growing home solar industry, primarily operating through its Hawaii Energy Connection and E-Gear subsidiary businesses.

Pineapple Energy Enhances Board of Directors in Preparation for Public Listing
14 Feb, 2022 Yahoo! Finance

--Two New Appointments Rounds Out Board to Seven Members— --New Appointments Add More Financing and Solar Expertise— --Merger Vote Scheduled for March 16, 2022-- MINNEAPOLIS, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Pineapple Energy LLC (“Pineapple”), today announced two additional appointments to its anticipated post-merger Board of Directors. The new directors bring significant experience in financing and residential solar, further preparing Pineapple for post-merger life as a publicly traded company

ACUITY ANNOUNCES NEW 8-INCH TOUCH PANEL DISPLAY
18 Jan, 2022 Yahoo! Finance

Schmitt Industries' (NASDAQ: SMIT) Acuity Laser is excited to announce the new 8-inch Touch Panel Display. Building upon the technology from our previous 7-inch version, the 8-inch Touch Panel Display comes with fully revamped 2.0 software, the ability to communicate with up to 6 Acuity sensors, a full suite of connection ports, and the ability to easily perform sophisticated measurement applications such as plane analysis, thickness measurement, and more.

A Peek Into The Markets: US Stock Futures Down Ahead Of Goldman Sachs Earnings
18 Jan, 2022 FinancialContent

Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones tumbled 200 points in the previous ...

5 Stocks To Watch For January 18, 2022
18 Jan, 2022 FinancialContent

Some of the stocks that may grab investor focus today are: Wall Street expects The Goldman Sachs Group, Inc. (NYSE: GS) to ...

Schmitt Announces Second Quarter Fiscal 2022 Operating Results
14 Jan, 2022 Yahoo! Finance

Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal quarter ended November 30, 2021. The operating results for the three and six months ended November 30, 2021 and 2020 include financial results from Schmitt's July 9, 2020 acquisition of Ample Hills Creamery ("Ample Hills").

SCHMITT INDUSTRIES ANNOUNCES NEW XRC Cellular Tank Monitor
16 Dec, 2021 Yahoo! Finance

Schmitt Industries, Inc. (NASDAQ: SMIT) today announced its Xact™ Tank Monitoring Solutions ("Xact") business line, a leading provider of satellite-connected gauge and ultrasonic readers in the Internet of Things ("IoT") environment, is releasing a new tank monitoring device, the XR-C (Xact Reader – Cellular). The new XR-C expands Xact's existing Satellite product line to include Cat M bands, and NBIOT when present. It also comes with multiple power accessories for extended battery life, includi

12 Information Technology Stocks Moving In Friday's Intraday Session
03 Dec, 2021 FinancialContent

Gainers Marvell Technology (NASDAQ:MRVL) stock increased by 18.49% to $84.17 during Friday's regular session. ...

12 Information Technology Stocks Moving In Wednesday's Intraday Session
01 Dec, 2021 FinancialContent

Gainers Ambarella (NASDAQ:AMBA) stock rose 23.93% to $222.49 during Wednesday's regular session. Ambarella's ...

11 Information Technology Stocks Moving In Tuesday's Intraday Session
30 Nov, 2021 FinancialContent

Gainers VirnetX Holding (NYSE:VHC) shares increased by 11.06% to $3.01 during Tuesday's regular session. The current volume of ...

Schmitt Industries Annual Meeting and Update to be Held December 10, 2021
23 Nov, 2021 Yahoo! Finance

Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") reminds its shareholders that Schmitt's 2021 annual meeting (the "Annual Meeting") will be held on December 10, 2021, at 10:30 a.m. Eastern Time, at Ample Hills Creamery in Redhook, Brooklyn at 421 Van Brunt St, Brooklyn, New York, 11231. Following the Annual Meeting, the Company will host an update for shareholders, during which Schmitt management will provide an update regarding Schmitt's businesses. The update will be availa

Activist Investing LLC Announces 9.9% Ownership Interest in Schmitt Industries, Inc.
19 Nov, 2021 Yahoo! Finance

NEW YORK, Nov. 19, 2021 (GLOBE NEWSWIRE) -- Activist Investing LLC (together with its affiliates, “Activist Investing” or “we”), today announced the acquisition of approximately 9.9% of the outstanding shares of Schmitt Industries, Inc. (NASDAQ: SMIT) (“Schmitt” or the “Company”). David Elliot Lazar, Chief Executive Officer of Activist Investing, issued the following statement: “We are pleased to announce our significant investment in Schmitt given the meaningful opportunity we believe the Compa

Schmitt Industries Completes Sale of 28th Street Property
11 Nov, 2021 Yahoo! Finance

Schmitt Industries, Inc. (NASDAQ: SMIT) today announced the sale of the 28th Street building for $5.1 million with net proceeds of $4.7 million. The transaction was funded and closed on November 10, 2021 following a 21-day review process and 3 day close.

Schmitt Industries Announces New AR2700 Long-Range Sensor
27 Oct, 2021 Yahoo! Finance

Schmitt Industries' (NASDAQ: SMIT) Acuity Laser is proud to announce the AR2700 High-Speed Long-Range Sensor, their highest speed long range sensor to date. This ultra-compact rangefinder is eye-safe and can measure natural targets up to 70 meters away or to retroreflective targets 270 meters away.

Schmitt Industries Appoints Alex Zyngier to its Board
22 Oct, 2021 Yahoo! Finance

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") effective October 22, 2021. Mr. Zyngier is an "independent director" according to the rules of the Securities and Exchange Commission and The NASDAQ Stock Market and his appointment creates a majority of independent directors on the Board in compliance with NASDAQ requirements.

12 Information Technology Stocks Moving In Wednesday's After-Market Session
20 Oct, 2021 FinancialContent

Gainers SGOCO Group (NASDAQ:SGOC) stock rose 6.59% to $6.95 during Wednesday's after-market session. This security traded at a ...

Schmitt Announces First Quarter Fiscal 2022 Operating Results
20 Oct, 2021 Yahoo! Finance

Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal quarter ended August 31, 2021. The operating results for the three months ended August 31, 2021 and August 30, 2020 include financial results from Schmitt's July 9, 2020 acquisition of Ample Hills Creamery ("Ample Hills").

12 Information Technology Stocks Moving In Thursday's Pre-Market Session
30 Sep, 2021 FinancialContent

Gainers DatChat (NASDAQ:DATS) shares moved upwards by 7.5% to $13.9 during Thursday's pre-market session. The market ...

52 Biggest Movers From Yesterday
30 Sep, 2021 FinancialContent

Gainers Paltalk, Inc. (NASDAQ: PALT) shares jumped 60.1% to close at $8.39 on Wednesday. Smart Share Global Limited (NASDAQ: EM) ...

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29 Sep, 2021 FinancialContent

Gainers Paltalk, Inc. (NASDAQ: PALT) shares climbed 37% to $7.18. NuCana plc (NASDAQ: NCNA) jumped 31.4% to $3.1150. The FDA ...

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29 Sep, 2021 FinancialContent

Gainers Gogo Inc. (NASDAQ: GOGO) shares climbed 37.6% to close at $16.82 on Tuesday after the company raised the long-term ...

12 Information Technology Stocks Moving In Tuesday's After-Market Session
28 Sep, 2021 FinancialContent

Gainers CooTek (Cayman) (NYSE:CTK) shares increased by 5.6% to $1.32 during Tuesday's after-market session. The company's market cap ...

Schmitt Announces Fiscal 2021 Operating Results
31 Aug, 2021 Yahoo! Finance

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
28 Jul, 2021 Yahoo! Finance

Schmitt Industries Inc. (NASDAQ: SMIT) is pleased to announce the release of a new product, the AS2100 Accurate Distance Sensor. Coming from the company's long-range sensor group, the AS2100 is an improved replacement product for the now retired AR2000.

12 Information Technology Stocks Moving In Monday's Pre-Market Session
07 Jun, 2021 FinancialContent

Gainers Veritone (NASDAQ:VERI) stock moved upwards by 8.33% to $19.5 during Monday's pre-market session. The market ...

12 Information Technology Stocks Moving In Thursday's Intraday Session
20 May, 2021 FinancialContent

Gainers Intrusion (NASDAQ:INTZ) stock rose 13.32% to $14.73 during Thursday's regular session. As of 12:30 EST, ...

Schmitt Industries, Inc (SMIT) is a NASDAQ Common Stock listed in , ,

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