Shiloh Industries (SHLO) Misses Q2 EPS by 2c, Revenues Beat
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Shiloh Industries Reports Second-Quarter Fiscal 2018 Results and Record Quarterly Revenue
June 6, 2018 7:00 AM EDTVALLEY CITY, Ohio, June 06, 2018 (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 fiscal 2018 second-quarter and six months ended April 30, 2018.
Second-Quarter 2018 Highlights:
Revenues increased 8.9% to $297.3 million as compared to second-quarter 2017Gross profit was $31.5 million and margin of 10.6%Net income was $4.0 million or 17 cents per diluted shareAdjusted EBITDA was $20.3 million and margin of 6.8%First-Half 2018 Highlights (compared to First-Half 2017):
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