Schmitt Industries, Inc.

SMIT
NASDAQ
Last Updated: 9/28/2022 1:05:03 PM
Price
1.92
Changes
-0.15
% Change
-7.25
Volume
45712
52 Week
High
6.76
52 Week
Low
1.9174
About Schmitt Industries, Inc.
Schmitt Industries, Inc., together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. The company operates through two segments, Measurement and Ice Cream. The Measurement segment designs, manufactures, and sells laser and confocal chromatic white light sensors for distance measurement and dimensional sizing products under the Acuity brand name for various industrial applications, including manufacturing, lumber production, steel casting, glass and paper production, medical imaging, crane control and micron-level part, and surface inspection. It also offers AR550 high speed laser sensor for application in vibration measurements, scanning of roads, vehicle crash tests, and ballistic measurements; AS2100, an accurate distance sensor, used in metal production, transportation industry, process control, and fill level measurement applications; and satellite focused remote tank monitoring products under the Xact brand that measure the fill levels of tanks holding propane, diesel, and other tank-based liquids, as well as related monitoring services, including transmission of fill data from the tanks via satellite to a secure website for display. The Ice Cream segment manufactures, wholesales, and retails ice creams and ice cream cakes, as well as sells through its website; and serves ice cream at catering events and holds various community-building events comprising ice cream classes, and live comedy and music performances through Ample Hills Creamery brand. Schmitt Industries, Inc. was founded in 1984 and is headquartered in Portland, Oregon.
Schmitt Industries, Inc. Company Details
CEO:   Mr. Michael Zapata
Country:   US
Industry:   Scientific & Technical Instruments
Website:   https://www.schmittindustries.com
Exchange:   NASDAQ Capital Market
IPO\Launch Date:   1993-10-27
Schmitt Industries, Inc. Company Executive Details
  Ms. Donna Witkowski
  Pres of SBS
  Mr. Philip Bosco CPA
  Chief Financial Officer
  Mr. Michael R. Zapata
  Pres, Chief Executive Officer & Executive Chairman

Schmitt Industries, Inc. Latest News

Schmitt Announces Fiscal 2021 Operating Results


PORTLAND, Ore., Aug. 31, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal year ended May 31, 2021.


Published on: 2021-08-31 08:30:00

Impact on Symbol / Company: SMIT

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Schmitt Industries Announces New AS2100 Accurate Distance Sensor


PORTLAND, Ore., July 28, 2021 /PRNewswire/ -- Schmitt Industries Inc. (NASDAQ: SMIT) is pleased to announce the release of a new product, the AS2100 Accurate Distance Sensor.


Published on: 2021-07-28 08:30:00

Impact on Symbol / Company: SMIT

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Schmitt Announces Third Quarter Fiscal 2021 Operating Results


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.


Published on: 2021-04-22 17:32:00

Impact on Symbol / Company: SMIT

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Schmitt Announces Second Quarter Fiscal 2021 Operating Results


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...


Published on: 2021-01-14 18:40:00

Impact on Symbol / Company: SMIT

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Schmitt Industries Annual Meeting and Update Video Conference to be Held December 10, 2020


PORTLAND, Ore., Nov. 23, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") reminds its shareholders that Schmitt's 2020 annual meeting (the "Annual Meeting") will be held on December 10, 2020, at 8:30 a.m. Pacific Time, at Schmitt's offices at 2765...


Published on: 2020-11-23 08:15:00

Impact on Symbol / Company: SMIT

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Schmitt Industries Announces CFO Appointment


PORTLAND, Ore., Nov. 6, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") is pleased to announce the appointment of Philip Bosco, CPA, as Chief Financial Officer ("CFO") of the Company, effective December 1, 2020. "We are excited to welcome Philip...


Published on: 2020-11-06 13:00:00

Impact on Symbol / Company: SMIT

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Schmitt Industries Receives Compliance Notice From Nasdaq


PORTLAND, Ore., Nov. 02, 2020 (GLOBE NEWSWIRE) -- On November 2, 2020, Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, based on the October 30, 2020 filing of the Company's Form 10-Q for the period ended August 31, 2020, the Company is now in compliance with NASDAQ's listing requirements.


Published on: 2020-11-02 16:49:00

Impact on Symbol / Company: SMIT

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Schmitt Announces First Quarter Fiscal 2021 Operating Results


PORTLAND, Ore., Oct. 30, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal quarter ended August 31, 2020. The operating results for the first quarter include the financial results from Schmitt's...


Published on: 2020-10-30 08:30:00

Impact on Symbol / Company: SMIT

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Schmitt Industries Appoints Lillian Tung to its Board


PORTLAND, Ore., Oct. 27, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced the appointment of Lillian Tung as the fifth member of the Company's Board of Directors (the "Board") effective October 27, 2020. Lillian Tung is an...


Published on: 2020-10-27 13:00:00

Impact on Symbol / Company: SMIT

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