Shiloh Industries (SHLO) Misses Q4 EPS by 11c, Revenues Miss; Offers FY20 Revenue Guidance Below Consensus

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Go back to Shiloh Industries (SHLO) Misses Q4 EPS by 11c, Revenues Miss; Offers FY20 Revenue Guidance Below Consensus

Shiloh Industries Reports Fourth-quarter Fiscal and Full-Year 2019 Results

December 19, 2019 4:05 PM EST

VALLEY CITY, Ohio--(BUSINESS WIRE)-- Shiloh Industries, Inc. (NASDAQ: SHLO), an environmentally focused 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 fourth-quarter ended October 31, 2019.

Fourth-Quarter 2019 Highlights:

Revenues were $259.0 million. Gross profit was $24.6 million, an increase of 3.3% over prior year. Gross margin of 9.5%, an expansion of 160 basis points over prior year. Net loss was $13.7 million or $0.59 cents per basic share. Adjusted EBITDA was $16.6... More