Shiloh Industries (SHLO) Reports Q4 Loss of $0.23/Share

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Shiloh Industries Reports Fourth-Quarter and Full-Year Fiscal 2018 Results

December 20, 2018 7:00 AM EST

Record Revenue

VALLEY CITY, Ohio--(BUSINESS WIRE)-- 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 fourth-quarter ended October 31, 2018.

Fourth-Quarter 2018 Highlights (compared to Fourth Quarter 2017):

Revenues increased 13.6% to $300.1 million. Gross profit was $23.8 million with a gross margin of 7.9%. Net loss was $8.5 million or 36 cents per diluted share. Adjusted EBITDA was $15.0 million. Adjusted EBITDA margin was... More