The eastern company reports third quarter 2024 results

Announces a new ceo net sales from continuing operations increase to $71.3 million in q3 2024 compared to $62.0 million in q3 2023 gross margin from continuing operations increases to 25.5% in q3 2024 compared to 24.9% in q3 2023 earnings per diluted share from continuing operations increase 36% to $0.75 in q3 2024 compared to $0.55 in q3 2023 eastern advances its business transformation by reporting big 3 mold business as discontinued operations eastern announces transition to new ceo – ryan schroeder shelton, ct / accesswire / november 5, 2024 / the eastern company ("eastern" or the "company") (nasdaq:eml), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced the results of operations for the third fiscal quarter ended september 28, 2024 and that its board of directors has named ryan schroeder the company's next chief executive officer, effective november 6, 2024. mr. schroeder, a seasoned executive with a proven history of leading manufacturing companies to sustained long-term growth, will succeed mark hernandez as ceo.
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