07:43 AM EST, 11/08/2024 (MT Newswires) -- CompoSecure ( CMPO ) reported Q3 adjusted net income Friday of $0.27 per diluted share, up from $0.24 a year earlier.

Analysts polled by Capital IQ expected $0.29.

Net sales for the quarter ended Sept. 30 were $107.1 million, up from $96.9 million a year earlier.

Analysts surveyed by Capital IQ expected $105.5 million.

For the full-year 2024, the company said it now expects net sales in the range of $418 million to $424 million, compared with its prior outlook of $418 million to $428 million. Analysts polled by Capital IQ expect $425.6 million.

Shares of the company were down more than 5% in recent Friday premarket activity.

Price: 14.76, Change: -0.87, Percent Change: -5.57