Ampco-Pittsburgh (AP) Reports Q2 Loss of $0.24, Revenues Beat

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Ampco-Pittsburgh Corporation Announces Second Quarter 2018 Results

August 10, 2018 8:39 AM EDT

CARNEGIE, Pa.--(BUSINESS WIRE)-- Ampco-Pittsburgh Corporation (NYSE: AP) reported sales for the three and six months ended June 30, 2018, of $127.4 million and $242.5 million, respectively, compared to $110.6 million and $214.1 million, respectively, for the three and six months ended June 30, 2017. The increase is principally attributable to the Forged and Cast Engineered Products segment.

Loss from operations for the three and six months ended June 30, 2018, was $1.6 million and $2.7 million, respectively. This compares to a loss from operations of $2.2 million and $4.8 million, respectively, for the comparable prior year periods.

Net loss for the three and six months... More