secwatch.observer — SEC 8-K summary
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Issuer:     SIFCO INDUSTRIES INC (SIF)
CIK:        0000090168
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0000090168-23-000043
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SIFCO Q2 net loss $2.4M, revenue down 21.7% on cyber incident
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- Net sales $19.2M (-21.7% YoY); net loss $2.4M vs income $3.7M in prior Q2.
- Diluted EPS loss $0.40 vs $0.61 gain a year ago; adjusted EBITDA $0.1M.
- CEO cites Dec 2022 cyber incident that impaired early-Q2 shipments; now resolved.
- Backlog grew to $96.7M from $72.0M year-over-year; markets approaching pre-pandemic.
- Six-month net sales $40.5M (-7.5%); net loss $5.0M vs $0.1M loss prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/90168/000009016823000043/0000090168-23-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/90168/000009016823000043/sif-20230814.htm
  HTML page:      https://secwatch.observer/filing/0000090168-23-000043

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