CSIMarket


Sifco Industries Inc  (SIF)
Other Ticker:  
 
    Sector  Conglomerates    Industry Conglomerates
   Industry Conglomerates
   Sector  Conglomerates


 

Sifco Industries Inc

SIF's Financial Statements and Analysis



Sifco Industries Inc narrowed second quarter of 2024 net loss per share of $-0.26 compare to net loss per share of $-0.40 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.57 realized in previous quarter.


second quarter of 2024
Earnings Per Share Revenues
$ -0.26 $  26 Mill
$+0.14     $+7M     +37.43 %



Sifco Industries Inc's Revenue rose by 37.43 % in second quarter of 2024 (Mar 31 2024) year on year, to $26 million and advanced by 24.07 % sequentially.


Sifco Industries Inc is Expected to report next financial results on July 05, 2024.

More on SIF's Income Statement



Sifco Industries Inc in the second quarter of 2024 recorded net loss of $-1.590 million, an improvement compare to net loss of $-2.367 million in II. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-3.422 million realized in previous quarter.

More on SIF's Growth

Sifco Industries Inc Inventories
Inventories grew by 22.8 % to $14 million from II. Quarter a year ago, sequentially inventories rose by 11.4 %. In Mar 31 2024 company's net cash and cash equivalents decreased by $-2 million, capital expenditures grew by -0.888-7.88%, to $-1 millions compare to same quarter a year ago

More on SIF's Cash flow Statement


Sifco Industries Inc does not pay out common stock dividend.

In trailing twelve-month period Sifco Industries Inc payed $ -1.05 cash per share, on a free-cash flow basis .

Book value fell by -5.93 % sequentially to $4.94 per share, -21.40% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 4.32 per share from $ 4.62.

Company issued 0.05 million shares or 0.89 % in Mar 31 2024.


More on SIF's Dividends

 Market Capitalization (Millions) 17
 Shares Outstanding (Millions) 6
 Total Debt (Millions $) 28
 Revenue (TTM) (Millions $) 93
 Net Income (TTM) (Millions $) -9
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) -2
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 465




Sifco Industries Inc does not pay out common stock dividend.

In trailing twelve-month period Sifco Industries Inc had negative $ -1.05 cash flow per share, on a free-cash flow basis .

Book value fell by -5.93 % sequentially to $4.94 per share, -21.40% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 4.32 per share from $ 4.62.

Company issued 0.05 million shares or 0.89 % in Mar 31 2024.


More on SIF's Balance Sheets

 Market Capitalization (Millions) 17
 Shares Outstanding (Millions) 6
 Total Debt (Millions $) 28
 Revenue (TTM) (Millions $) 93
 Net Income (TTM) (Millions $) -9
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) -2
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 465
   


  News about Sifco Industries Inc Earnings

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 ...

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...

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

In the fourth quarter of 2023, Sif...

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 ...

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.


Date modified: 2024-05-11T17:49:30+00:00





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com