Ampco-Pittsburgh (AP) Reports Q3 Loss of $0.10/Share
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Ampco-Pittsburgh Corporation Announces Third Quarter 2019 Results
November 7, 2019 8:20 AM ESTCARNEGIE, Pa.--(BUSINESS WIRE)-- Ampco-Pittsburgh Corporation (NYSE: AP) reports sales from continuing operations for the three and nine months ended September 30, 2019, of $90.9 million and $300.9 million, respectively, compared to $98.8 million and $323.6 million for the three and nine months ended September 30, 2018, respectively. The decline is principally attributable to lower sales of forged engineered products to the oil and gas industry.
Loss from continuing operations was $1.3 million and $14.0 million for the three and nine months ended September 30, 2019, respectively, compared to $2.8 million and $4.8 million for the comparable prior year periods. Loss from continuing operations for... More
