Shiloh Industries (SHLO) Reports Q3 EPS of $0.07

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Go back to Shiloh Industries (SHLO) Reports Q3 EPS of $0.07

Shiloh Industries Reports Third Quarter Fiscal 2017 Results

August 29, 2017 7:00 AM EDT

VALLEY CITY, Ohio, Aug. 29, 2017 (GLOBE NEWSWIRE) -- Shiloh Industries, Inc. (NASDAQ: SHLO), a leading global supplier of lightweighting, noise, and vibration solutions to the automotive, commercial vehicle and other industrial markets, today reported financial results for its third quarter of fiscal 2017 ended July 31, 2017.

Third Quarter 2017 Highlights (compared to Third Quarter 2016):

Net revenue increased to $256.8 million compared to $248.8 million.Gross margin increased 160 basis points to 11.2 percent compared to 9.6 percent, benefiting from favorable product mix and operational efficiencies.Gross profit increased 21 percent to... More