Shiloh Industries (SHLO) Tops Q1 EPS by 11c, Revenues Miss; Offers FY19 Revenue Mid-Point Outlook Above Cosnensus

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Go back to Shiloh Industries (SHLO) Tops Q1 EPS by 11c, Revenues Miss; Offers FY19 Revenue Mid-Point Outlook Above Cosnensus

Shiloh Industries Reports First-Quarter Fiscal 2019 Results

March 12, 2019 7:00 AM EDT

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 2019 first-quarter ended January31, 2019.

First Quarter 2019 Highlights:

Revenues increased 4.5% year over year to $258.9 million. Gross profit was $13.7 million with a gross margin of 5.3%. Net loss was $4.7 million or 20 cents per diluted share. Adjusted EBITDA was $12.6... More