secwatch.observer — SEC 8-K summary
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Issuer:     SIFCO INDUSTRIES INC (SIF)
CIK:        0000090168
Form:       8-K
Filed at:   2022-08-15T23:59:59+00:00
Accession:  0000090168-22-000033
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SIFCO Q3 2022: Net loss $2.7M ($0.46/sh) on $21.4M revenue, vs $0.3M profit a year ago
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- Net loss of $2.7M ($0.46 diluted EPS) vs net income of $0.3M ($0.04) in Q3 FY2021.
- Net sales fell 15.3% to $21.4M from $25.3M a year ago.
- Adjusted EBITDA was negative $(0.7)M versus positive $2.4M in prior-year quarter.
- Year-to-date net loss $2.7M ($0.47/sh) vs net income $1.8M ($0.29/sh) in prior period.
- CEO highlighted $3.3M debt reduction in quarter despite challenging market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/90168/000009016822000033/0000090168-22-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/90168/000009016822000033/sif-20220815.htm
  HTML page:      https://secwatch.observer/filing/0000090168-22-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer