Real Industry (RELY) Misses Q2 EPS by 30c

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Real Industry Reports Second Quarter 2015 Results

August 17, 2015 4:05 PM EDT

Company to host conference call on August 17, 2015, at 4:30 p.m. EDT

SHERMAN OAKS, Calif.--(BUSINESS WIRE)-- Real Industry, Inc. (NASDAQ: RELY) (Real Industry or the Company) today reported financial results for its second quarter ended June 30, 2015.

Second Quarter 2015 Highlights

Revenues of $368.7 million Real Alloy Adjusted EBITDA of $22.9 million Multimillion dollar reduction in repurchase reserve liability

Outlook

During the quarter, Real Alloy achieved its operational and budgeted cash flow and Adjusted EBITDA objectives.... More