Ampco-Pittsburgh Q3 net income $0.8M ($0.04 EPS); operating income up to $1.7M

AMPCO PITTSBURGH CORP

2023-Q3 EPS reported $0.10 revenue$314,232,000

Net sales $102.2M in Q3 2023, up 2.6% YoY from $99.6M.
Operating income improved to $1.7M from $0.2M YoY, driven by pricing and Air & Liquid segment growth.
EPS of $0.04 for Q3 2023 vs $0.06 YoY; net income $0.8M vs $1.1M prior year.
Air & Liquid Processing sales up 18% for Q3; backlog at record levels.
Forged & Cast segment sales slipped; equipment modernization on track for Q4 completion.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AMPCO PITTSBURGH CORP reported financial results for three and nine months ended September 30, 2023.

Period: three and nine months ended September 30, 2023
Result: reported results

Exact text from the filing

On November 13, 2023, Ampco-Pittsburgh Corporation issued a press release announcing its results for the three and nine months ended September 30, 2023.

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Source: SEC EDGAR

accession 0000950170-23-063102

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