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Sifco Industries Inc  (SIF)
Other Ticker:  
 
    Sector  Conglomerates    Industry Conglomerates
   Industry Conglomerates
   Sector  Conglomerates
 
Price: $3.8500 $-0.05 -1.282%
Day's High: $4.015 Week Perf: 3.77 %
Day's Low: $ 3.85 30 Day Perf: -0.26 %
Volume (M): 4 52 Wk High: $ 5.96
Volume (M$): $ 15 52 Wk Avg: $3.59
Open: $4.02 52 Wk Low: $2.87



 Market Capitalization (Millions $) 24
 Shares Outstanding (Millions) 6
 Employees 465
 Revenues (TTM) (Millions $) 100
 Net Income (TTM) (Millions $) -8
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 3

Sifco Industries Inc
SIFCO is a manufacturer of forgings and machined components for the A&E markets. SIFCO services both original equipment manufacturers ("OEM") and aftermarket customers with products that range in size from approximately 2 to 1,200 pounds. The Companys strategic vision is to build a leading A&E company positioned for long-term, stable growth and profitability. In the past several years, SIFCO has actively diversified into the industrial gas turbine business, added more commercial aerospace business, reduced its dependence on the U.S. military business, and broadened the scope of its product and service offerings by adding machining and finishing to its forgings capabilities. This strategic evolution continued in fiscal 2015 with the acquisition of C'Blade, a leading manufacturer of steam and gas turbine blades located in Maniago, Italy.


   Company Address: 970 East 64th Street, Cleveland 44103 OH
   Company Phone Number: 881-8600   Stock Exchange / Ticker: NYSEAMER SIF


Customers Net Income grew by SIF's Customers Net Profit Margin grew to

9 %

12.63 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
HEI   -0.56%    
HON   -0.15%    
BA        2.74% 
ETN   -0.82%    
GD   -1.44%    
GE   -0.15%    
• View Complete Report
   



Sifco Industries Inc

SIFCO Industries Inc. Stuns Investors with Vanishing Losses in Q2 2024


Date: June 3, 2024
Sifco Industries Inc, an industry leader in the Conglomerates sector, released its second-quarter financial results for 2024, showcasing a significant reduction in losses per share and overall improvement across various key indicators. The company's solid performance suggests positive future prospects that may intrigue potential investors.
The financial statements reveal that in the second quarter of 2024, Sifco successfully lowered its loss per share to $-0.26, a significant improvement compared to the $-0.40 loss per share reported a year earlier. Further demonstrating its recovery, Sifco's Income per Share improved from $-0.57 per share in the previous quarter to reflect a positive trend.

Sifco Industries Inc

Sifco Industries Inc Faces Uphill Battle: Revenue Decline and Industry Challenges

roduction
Sifco Industries Inc, a notable player in the Conglomerates industry, faced a challenging fiscal period, marked by weakening demand and diminishing returns. The company reported a decline in revenue by -2.643% to $20.74 million and a deficit per share of $-0.57, compared to $-0.44 per share in the previous year's financial reporting period. This article delves into the key facts surrounding Sifco Industries Inc's poor performance, including the industry's contrasting revenue gain and the impact on inventory and accounts receivable levels.
Weakening Demand and Diminishing Returns
In the most recent fiscal period, Sifco Industries Inc experienced a decline in revenue by -2.643%. This fall in business can be attributed to weakening demand, resulting in diminishing returns. Comparatively, the Conglomerates industry as a whole recorded a revenue gain during this period, indicating the unique challenges faced by Sifco Industries Inc.

Sifco Industries Inc

Title: Sifco Industries Inc. Shines Amidst Industry Decline, Achieving Remarkable Growth in Q4 2023

In the fourth quarter of 2023, Sifco Industries Inc, a conglomerate company, reported a loss of $0.51 per share. This is in contrast to a 34.348% increase in revenue to $25.03 million compared to the same quarter the previous year. The company's performance stands out from the rest of the conglomerates industry, which experienced a decline of 11.55% in top-line revenue.
In the previous quarter, Sifco Industries Inc had a revenue of $21.48 million and a loss of $0.11 per share. Looking at the July to September 2023 period, the company reported a net shortfall of $3.102 million, a significant improvement from a deficit of $6.920 million in the same quarter a year ago.

Sifco Industries Inc

Sifco Industries Inc Unveils Remarkable Financial Redemption with Decreased Losses and Promising Earnings for June 2023

Sifco Industries Inc is a conglomerates company that recently reported its financial results for the period closing on June 30th, 2023. In terms of earnings, the company showed improvement as it decreased its loss per share from $-0.46 to $-0.11 compared to the same period last year. Additionally, earnings per share also improved from $-0.40 to $-0.11.
On the revenue front, Sifco Industries Inc experienced moderate growth of 0.112%, with revenue increasing to $21.48 million from $21.45 million in the corresponding reporting period a year prior. Sequentially, revenue advanced by 14.733% from $18.72 million. However, it is important to note that the company's business growth is lagging behind its peers in the conglomerates industry, which reported an average business rise of 8.25% from the corresponding reporting period a year ago.

Sifco Industries Inc

Sifco Industries Inc. Faces Challenging Q1 2023 with Declining Revenue and Net Loss per Share of $-0.40

title: Weak business conditions contribute to a decline in revenue, leading to Q1 losses for Sifco Industries Inc.
As I analyze the recent financial results of Sifco Industries Inc. for the fiscal three months ending March 31, 2023, it becomes evident that the company is currently traversing a difficult period. The comprehensive financial data highlights a decline in revenue by 23.803%, resulting in a net loss per share of $-0.40, a significant increase from the previous year's $0.61. This unfortunate turn of events highlights the challenges Sifco Industries Inc. is currently facing.







Sifco Industries Inc's Segments
North America    75.15 % of total Revenue
Europe    24.85 % of total Revenue
Fixed wing aircraft    36.33 % of total Revenue
Rotorcraft    18.7 % of total Revenue
Energy components for power generation units    26.67 % of total Revenue
Commercial product and other revenue    18.31 % of total Revenue
Commercial revenue    65.33 % of total Revenue
Military revenue    34.67 % of total Revenue





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