SIFCO Q1 sales up 10.7% to $21.3M; net loss narrows to $2.6M from $3.7M

SIFCO INDUSTRIES INC

2023-Q3 EPS reported -$0.94 revenue$62,394,000

Net sales $21.3M vs $19.2M YoY; net loss $2.6M ($0.44/diluted share) vs $3.7M ($0.64).
Adjusted EBITDA improved to -$0.1M from -$1.7M in prior-year quarter.
December 30 cyber incident delayed results; CEO notes Aerospace segment recovery.
Military spending and air traffic growth cited as tailwinds for served markets.

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