Shiloh: Fiscal 2Q Earnings Snapshot
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.