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Schmitt Announces Third Quarter Fiscal 2021 Operating Results
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PORTLAND, Ore., April 22, 2021 /PRNewswire/ Schmitt Industries, Inc. (NASDAQ: SMIT) (the Company or Schmitt ) today announced its operating results for the fiscal quarter ended February 28, 2021. The operating results for the nine months ended February 28, 2021 include financial results from Schmitt s July 9, 2020 acquisition of Ample Hills Creamery ( Ample Hills ).
Highlights of the three months and nine months ended February 28, 2021
Consolidated revenues increased $573,477, or 52.4%, to $1,668,444 for the three months ended February 28, 2021, as compared to $1,094,967 for the three months ended February 28, 2020. For the nine months ended February 28, 2021, consolidated revenues increased $1,982,795, or 61.5%, to $5,205,641, as compared to $3,222,846 for the nine months ended February 28, 2020.
Schmitt Announces Second Quarter Fiscal 2021 Operating Results
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PORTLAND, Ore., Jan. 14, 2021 /PRNewswire/ Schmitt Industries, Inc. (NASDAQ: SMIT) (the Company or Schmitt ) today announced its operating results for the fiscal quarter ended November 30, 2020. The operating results for the six months ended November 30, 2020 include first quarter financial results from Schmitt s July 9, 2020 acquisition of Ample Hills Creamery ( Ample Hills ).
Highlights of the three months and six months ended November 30, 2020
Consolidated revenues increased $996,610, or 96.5%, to $2,029,712 for the three months ended November 30, 2020, as compared to $1,033,102 for the three months ended November 30, 2019. For the six months ended November 30, 2020, consolidated revenues increased $1,409,318, or 66.2%, to $3,537,197, as compared to $2,127,879 for the six months ended November 30, 2019.