AP NEWS

Shiloh: Fiscal 1Q Earnings Snapshot

March 3, 2020 GMT

VALLEY CITY, Ohio (AP) _ Shiloh Industries Inc. (SHLO) on Tuesday reported a loss of $3.7 million in its fiscal first quarter.

The Valley City, Ohio-based company said it had a loss of 16 cents per share. Losses, adjusted for one-time gains and costs, came to 12 cents per share.

The automotive lightweighting company posted revenue of $243.5 million in the period.

Shiloh expects full-year revenue of $1 billion.

The company’s shares closed at $3.21. A year ago, they were trading at $6.39.

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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