Sifco: Fiscal 1Q Earnings Snapshot
CLEVELAND (AP) _ Sifco Industries Inc. (SIF) on Tuesday reported a loss of $1.3 million in its fiscal first quarter.
The Cleveland-based company said it had a loss of 23 cents per share.
The producer of forgings and machined components for the aerospace and energy market posted revenue of $29.1 million in the period.
In the final minutes of trading on Tuesday, the company’s shares hit $3.51. A year ago, they were trading at $6.45.