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IBC Advanced Alloys: Fiscal 3Q Earnings Snapshot

May 29, 2019

FRANKLIN, Ind. (AP) _ IBC Advanced Alloys Corp. (IAALF) on Wednesday reported a fiscal third-quarter loss of $639,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Franklin, Indiana-based company said it had a loss of 2 cents.

The maker of rare metal-based alloys posted revenue of $5.2 million in the period.

In the final minutes of trading on Wednesday, the company’s shares hit 17 cents. A year ago, they were trading at 27 cents.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IAALF at https://www.zacks.com/ap/IAALF

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