Sifco: Fiscal 4Q Earnings Snapshot
CLEVELAND (AP) _ Sifco Industries Inc. (SIF) on Thursday reported a loss of $2.7 million in its fiscal fourth quarter.
On a per-share basis, the Cleveland-based company said it had a loss of 49 cents.
The producer of forgings and machined components for the aerospace and energy market posted revenue of $30.5 million in the period.
For the year, the company reported that its loss narrowed to $7.2 million, or $1.30 per share. Revenue was reported as $111.2 million.
In the final minutes of trading on Thursday, the company’s shares hit $4.40. A year ago, they were trading at $7.