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P&F Industries Inc (PFIN.OQ)

PFIN.OQ on NASDAQ Stock Exchange Global Market

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Latest Key Developments (Source: Significant Developments)

P&F Industries elects not to renew supply agreement with Sears
Thursday, 9 Nov 2017 08:00am EST 

Nov 9 (Reuters) - P&F Industries Inc : :P&F Industries, Inc reports results for the three and nine-month periods ended September 30, 2017.P&F Industries, Inc - ‍reporting Q3 2017 revenue from continuing operations of $15.8 million compared to $14.6 million.P&F Industries, Inc - ‍elected not to renew supply agreement with sears, which expired on september 30, 2017​.p&f industries inc - ‍there is no Sear's inventory exposure at September 30, 2017​.P&F Industries, Inc - ‍believe all accounts receivable attributable to sears, about $1.1 million at sept. 30, 2017, should be collected by Dec. 31, 2017​.P&F Industries, Inc - ‍at present time, there can be no assurance that co will fully recover all accounts receivable attributable to sears​.P&F Industries, Inc - qtrly ‍automotive revenue down due to 2 major customers who are currently in process of re-balancing pneumatic hand tool inventory​.  Full Article

P&F adds innovative aerospace-grade hydropneumatic riveter line with acquisition of the assets of Numatx
Friday, 15 Sep 2017 09:05am EDT 

Sept 15 (Reuters) - P&F Industries Inc :P&F adds innovative aerospace-grade hydropneumatic riveter line with acquisition of the assets of Numatx, Inc..P&F Industries Inc - announced its wholly-owned subsidiary, Hy-Tech Machine, Inc. Has acquired assets of ohio-based Numatx, Inc.  Full Article

P&F Industries announces stock repurchase authorization and quarterly dividend
Thursday, 10 Aug 2017 08:30am EDT 

Aug 10 (Reuters) - P&F Industries Inc :P&F Industries announces stock repurchase authorization and quarterly dividend.P&F Industries Inc - Authorized company to repurchase up to 100,000 shares of company's class A common stock.P&F Industries Inc - Repurchase program is expected to go into effect during Q3 of 2017 and expires after 12 months.  Full Article

P&F Industries posts Q2 revenue from continuing operations of $15.4 mln
Thursday, 10 Aug 2017 08:00am EDT 

Aug 10 (Reuters) - P&F Industries Inc :P&F Industries Inc reports results for the three and six-month periods ended June 30, 2017.P&F Industries Inc - reporting second quarter 2017 revenue from continuing operations of $15.4 million, compared to $15.6 million for the same period in 2016‍​.  Full Article

P&F Industries qtrly loss 2 cents/shr from cont ops
Thursday, 11 May 2017 08:00am EDT 

May 11 (Reuters) - P&F Industries Inc :p&f industries, inc. Reports results for the three-month period ended march 31, 2017.Quarterly revenue $13.22 million versus $14.5 million.Qtrly loss per share $ 0.02 from continuing operations.  Full Article

P&F Industries acquires Jiffy Air Tool
Thursday, 6 Apr 2017 08:00am EDT 

P&F Industries Inc : P&F Industries Inc says anticipate that this acquisition will be immediately accretive to earnings . P&F Industries Inc - purchase price consisted of approximately $7 million in cash and assumption of certain payables and contractual obligations . P&F Industries Inc- in addition, seller may be entitled to up to $1 million in additional contingent consideration . P&F Industries Inc acquires Jiffy Air Tool Inc .P&F Industries Inc says purchase price consisted of approximately $7 million in cash and assumption of certain payables and contractual obligations.  Full Article

P&F Industries Inc reports Q4 revenue $12.51 million
Monday, 27 Mar 2017 08:00am EDT 

P&F Industries Inc : P&F Industries Inc reports results for the year ended december 31, 2016 . Q4 revenue $12.51 million versus $13.77 million . P&F Industries Inc qtrly revenue $12.5 million versus $13.8 million . P&F Industries Inc - "elected not to renew our supply agreement with sears, which will expire on september 30, 2017" .P&F Industries-sees sears inventory exposure eliminated by September 30,accounts receivable,if collected in ordinary course,to be received by Dec 2017.  Full Article

P&F Industries Q2 loss per share $1.49
Friday, 12 Aug 2016 08:00am EDT 

P&F Industries : P&F Industries Reports Results For The Three And Six-Month periods ended June 30, 2016 . Q2 revenue $15.64 million versus $16.1 million .Qtrly loss per share $1.49.  Full Article

P&F Industries reports qtrly share from cont ops of $0.02
Thursday, 12 May 2016 08:31am EDT 

P&F Industries Inc : Q1 revenue $14.5 million versus $14.6 million . P&F Industries Inc qtrly diluted earnings per share from continuing operations $0.02 .P&F Industries reports on gain on sale of Nationwide Industries, Inc. and reports results for the three months ended March 31, 2016.  Full Article

P&F Industries says sale of Nationwide Industries, Inc.
Friday, 12 Feb 2016 09:00am EST 

P&F Industries inc:Says sale of Nationwide Industries Inc., to a subsidiary of Argosy Private Equity, a division of Argosy Capital.Sale for approximately $22.2 million.  Full Article

BRIEF-P&F adds innovative aerospace-grade hydropneumatic riveter line with acquisition of the assets of Numatx

* P&F adds innovative aerospace-grade hydropneumatic riveter line with acquisition of the assets of Numatx, Inc.

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