Ampco-Pittsburgh (AP) Tops Q1 EPS by 22c

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Ampco-Pittsburgh Corporation Announces First Quarter 2020 Results

May 6, 2020 8:28 AM EDT

Corporation improves performance in Q1 following a return to profitability in Q4 2019 GAAP EPS of $0.33 for quarter ended March 31, 2020, versus GAAP net loss per share of $(1.21) in the year-ago quarter GAAP Operating Income improves by 43% from Q4 2019 to Q1 2020 as restructuring and efficiency improvements continue

CARNEGIE, Pa.--(BUSINESS WIRE)-- Ampco-Pittsburgh Corporation (NYSE: AP) reports sales from continuing operations of $91.1 million for the three months ended March 31, 2020, compared to $107.5 million for the three months ended March 31, 2019. The decrease is principally... More