secwatch.observer — SEC 8-K summary
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Issuer:     SIFCO INDUSTRIES INC (SIF)
CIK:        0000090168
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0000090168-24-000008
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SIFCO Q1 net loss widens to $3.4M; sales slip 1.2% to $21.1M
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- Net loss of $3.4M ($0.57/diluted share) vs $2.6M ($0.44) in Q1 last year.
- Net sales down 1.2% to $21.1M from $21.3M.
- EBITDA negative at ($1.4M) vs ($0.7M); Adjusted EBITDA ($0.8M) vs ($0.1M).
- Backlog rose to $130.1M; inventory up $3.6M YoY as production ramps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/90168/000009016824000008/0000090168-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/90168/000009016824000008/sif-20240214.htm
  HTML page:      https://secwatch.observer/filing/0000090168-24-000008

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