Sifco Industries (SIF) Reports Q2 Loss of $0.46/sh
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SIFCO Industries, Inc. (“SIFCO”) Announces Third Quarter Fiscal 2022 Financial Results
August 15, 2022 4:30 PM EDTCLEVELAND--(BUSINESS WIRE)-- SIFCO Industries, Inc. (NYSE American: SIF) today announced financial results for its third quarter of fiscal 2022, which ended June 30, 2022.
Third Quarter Results
Net sales in the third quarter of fiscal 2022 decreased 15.3% to $21.4 million, compared with $25.3 million for the same period in fiscal 2021. Net loss for the third quarter of fiscal 2022 was $2.7 million, or $(0.46) per diluted share, compared with net income of $0.3 million, or $0.04 per diluted share, in the third quarter of fiscal 2021. EBITDA... More