AP NEWS

Sifco: Fiscal 4Q Earnings Snapshot

December 6, 2018

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.

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

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