AP NEWS

Shiloh: Fiscal 2Q Earnings Snapshot

June 10, 2019

VALLEY CITY, Ohio (AP) _ Shiloh Industries Inc. (SHLO) on Monday reported fiscal second-quarter earnings of $1.1 million.

On a per-share basis, the Valley City, Ohio-based company said it had net income of 5 cents. Earnings, adjusted for restructuring costs and non-recurring costs, were 24 cents per share.

The automotive lightweighting company posted revenue of $273.4 million in the period.

Shiloh expects full-year revenue in the range of $1 billion to $1.15 billion.

The company’s shares closed at $4.47. A year ago, they were trading at $9.60.

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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 SHLO at https://www.zacks.com/ap/SHLO

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