Ampco-Pittsburgh (AP) Reports Q3 EPS of $0.04

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Ampco-Pittsburgh Corporation (NYSE: AP) Announces Third Quarter 2023 Results

November 13, 2023 4:15 PM EST

EPS of $0.04 for Q3 2023 and $0.10 for 2023 YTD. Operating income of $1.7 million for Q3 2023 and $7.0 million 2023 YTD, up significantly from prior year. Air and Liquid Processing segment sales increased 18% for Q3 2023 and 29% 2023 YTD compared to prior year periods with record sales 2023 YTD and another record backlog at Q3 2023. U.S. forged business equipment modernization project on track for completion in Q4 2023.

CARNEGIE, Pa.--(BUSINESS WIRE)-- Ampco-Pittsburgh Corporation (NYSE: AP) reported net sales of $102.2 million and $314.2 million, respectively, for the three and nine months ended... More