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Norris Industries Inc   (NRIS)
Other Ticker:  
 
    Sector • Energy    Industry • Oil And Gas Production
   Industry • Oil And Gas Production
   Sector • Energy
 
Price: $0.0350 $0.01 59.817%
Day's High: $0.035 Week Perf: 112.12 %
Day's Low: $ 0.04 30 Day Perf:
Volume (M): 5 52 Wk High: $ 0.07
Volume (M$): $ 0 52 Wk Avg: $0.03
Open: $0.04 52 Wk Low: $0.02



 Market Capitalization (Millions $) 2
 Shares Outstanding (Millions) 64
 Employees -
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Norris Industries Inc
Norris Industries Inc is a multinational corporation that specializes in manufacturing and distributing industrial equipment and machinery. They have a diverse product portfolio that includes products for various industries such as construction, mining, and agriculture. With a global presence, the company has manufacturing facilities and distribution centers in multiple countries. Norris Industries Inc is known for its commitment to producing high-quality products and providing excellent customer service.


   Company Address: 102 Palo Pinto St Weatherford 76086 TX
   Company Phone Number: 809-6900   Stock Exchange / Ticker: NRIS


   

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Norris Industries Inc

Norris Industries Inc. Witnesses Steep First Quarter Revenue Decline in 2024, Increasing Per Share Loss


Introduction:
In the dynamic world of the stock market, companies face numerous challenges that can impact their financial performance. Norris Industries Inc, despite a recent dip in revenue and an increased loss per share, has demonstrated resilience and is poised for a promising future. This article delves into the company's recent fiscal period, highlights potential areas of improvement, and explores their strategies for growth.
Uncovering the Numbers:
During the most recent fiscal period, Norris Industries Inc experienced a loss per share of $-0.02, contrasting with a break-even point of $0.00 per share the year prior. While these figures indicate a decline, it is important to consider the broader context. Sequentially, from the previous reporting period, the loss per share remained stable at $0.00, demonstrating signs of consolidation.
Norris Industries Inc

Norris Industries Inc Suffers Severe Revenue Slump in Fiscal Q4, 2023

Norris Industries Inc has reported their financial results for the fourth quarter of 2023, and the figures paint a bleak picture for the company. The company reached zero gain per share, the same as the previous year but down from the preceding reporting period. This means that the company did not generate any profit for shareholders during the fourth quarter of 2023.
Furthermore, the company's revenue has dropped significantly by -58.955% to $0.06 million compared to $0.15 million in the same reporting period a year ago. Sequentially, revenue tumbled by -41.956% from $0.11 million. This sharp decline in revenue could indicate that the company is struggling and needs to take measures to turn things around.






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