Shiloh Industries (SHLO) Reports Q2 EPS of $0.19

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Go back to Shiloh Industries (SHLO) Reports Q2 EPS of $0.19

Shiloh Industries Reports Second-Quarter 2016 Results

June 8, 2016 7:00 AM EDT

VALLEY CITY, Ohio, June 8, 2016 /PRNewswire/ -- Shiloh Industries, Inc. (NASDAQ: SHLO), a leading global supplier of lightweighting, noise and vibration solutions, today reported financial results for the second-quarter 2016.

Second Quarter 2016 Highlights:

Revenue for the second quarter was $284.3 million, compared with $272.3 million in the second quarter of 2015, an increase of 4.4 percent. Product wins represent an expected $136 million in sales over the life-of-program. Gross margin for the second quarter expanded by 250 basis points to 8.9 percent compared to the first quarter of fiscal 2016 and is regaining... More