secwatch.observer — SEC 8-K summary
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Issuer:     SIFCO INDUSTRIES INC (SIF)
CIK:        0000090168
Form:       8-K
Filed at:   2022-12-23T23:59:59+00:00
Accession:  0000090168-22-000055
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SIFCO Q4 net sales down 23.4% to $18.6M; net loss of $6.9M ($1.18 EPS) deepens from $2.5M loss
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- Net sales $18.6M in Q4 2022 vs $24.3M in Q4 2021 (-23.4%); full-year net sales $83.9M vs $99.6M (-15.8%).
- Net loss $6.9M ($1.18 diluted EPS) in Q4 vs $2.5M loss ($0.43) in prior year; full-year net loss $9.6M ($1.65) vs $0.7M loss ($0.13).
- EBITDA ($5.2M) in Q4 vs ($0.8M) prior year; Adjusted EBITDA ($4.8M) vs $0.2M.
- CEO cites inventory control and supply chain issues in military/commercial aerospace; space and semiconductor activity increased.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/90168/000009016822000055/0000090168-22-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/90168/000009016822000055/sif-20221222.htm
  HTML page:      https://secwatch.observer/filing/0000090168-22-000055

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