Real Industry (RELY) Misses Q1 EPS by 20c

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Real Industry Reports Fiscal 2016 First Quarter Results

May 10, 2016 5:40 PM EDT

Company to host conference call on May 11, 2016, at 11:00 a.m. EDT

SHERMAN OAKS, Calif.--(BUSINESS WIRE)-- Real Industry, Inc. (NASDAQ: RELY) (Real Industry or the Company) today reported financial results for its fiscal first quarter ended March 31, 2016.

First Quarter 2016 Highlights

Revenues increased to $309.4 million from $300.5 million sequentially in the fiscal 2015 fourth quarter Segment Adjusted EBITDA of $18.3 million, up from $17.1 million sequentially in the fiscal 2015 fourth quarter Consolidated liquidity remained strong at nearly $99 million at quarter end, of which... More