Shiloh Industries (SHLO) Reports Q2 EPS of $0.36 on Revenues of $273M

Shiloh Industries (NASDAQ: SHLO) reported Q2 EPS of $0.36, versus $0.26 reported last year. Revenue for the quarter came in at $273 million.

Gross margin increased 300 basis points to 12.2 percent, compared to 9.2 percent, benefitting from favorable product mix and operational efficiencies.

• Net income per diluted share for the quarter and the year ago quarter were $0.24.
• Adjusted EBITDA margin increased 230 basis points to 9.0 percent, compared to 6.7 percent.
• New product wins represented an expected $195 million in sales over the life-of-programs.

For earnings history and earnings-related data on Shiloh Industries (SHLO) click here.

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