earnings
confidence high
sentiment positive
materiality 0.70
SIFCO posts Q3 net income of $0.1M, revenue up 34% YoY; CFO Kubera to retire Nov 13
SIFCO INDUSTRIES INC
2024-Q3 EPS reported
-$0.82
revenue$76,854,000
- Q3 net sales $29.3M (+33.9% YoY); net income $0.1M ($0.01 EPS) vs loss of $(0.6)M.
- EBITDA $2.7M (up from $1.3M); Adjusted EBITDA $3.4M (up from $1.9M).
- YTD net sales $76.9M (+23.2%); net loss $(4.9)M vs $(5.6)M.
- Backlog grew to $139.2M, supporting customer demand.
- CFO Thomas R. Kubera to retire effective Nov 13, 2024; Board seeking successor.