secwatch.observer — SEC 8-K summary
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Issuer:     SIFCO INDUSTRIES INC (SIF)
CIK:        0000090168
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0000090168-24-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SIFCO posts Q3 net income of $0.1M, revenue up 34% YoY; CFO Kubera to retire Nov 13
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/90168/000009016824000035/0000090168-24-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/90168/000009016824000035/sif-20240812.htm
  HTML page:      https://secwatch.observer/filing/0000090168-24-000035

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