Content about P&F Industries Inc.

March 25, 2014

P&F Industries, Inc. reported a strong finish to the full-year period ended Dec. 31, 2013, with an especially large boost in Tools revenue that the company attributes to its entry into The Home Depot.

"Our consolidated 2013 revenue increased 27.0% when compared to 2012's revenue," said chairman, CEO and president Richard Horowitz.

For the three-month period ended Dec. 31, revenue was $15.4 million, up 21.3% year-over-year. Income for the quarter was $919,000, more than double that of the same period a year before.

August 13, 2013

P&F Industries, Inc. reported robust second quarter earnings, primarily due to a strong Tools segment and the recent entry of its Florida Pneumatic subsidiary into The Home Depot market.

Net revenue came in at $19.48 million for the quarter, a big jump up from year-ago figures of $15.24 million. Net income was $875,000, compared to last year's $796,000.