Shiloh: Fiscal 3Q Earnings Snapshot
VALLEY CITY, Ohio (AP) _ Shiloh Industries Inc. (SHLO) on Thursday reported a fiscal third-quarter loss of $2.7 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Valley City, Ohio-based company said it had a loss of 11 cents. Earnings, adjusted for restructuring costs and amortization costs, came to 4 cents per share.
The automotive lightweighting company posted revenue of $263.4 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 $4.35. A year ago, they were trading at $8.83.