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Sifco Industries Inc (SIF) |
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EARNINGS REPORT by CSIMarket
Rasults hit by impairment charges
Sifco Industries Inc see it's third quarter 2019 results, effected by $5 million impairment of assets, company reports $-1.32 loss per share.
![Boeing_Everett_By Piergiuliano_Chesi_(Own_work_from_slide)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common](../news/img/defense/Boeing_Everett_By Piergiuliano_Chesi_(Own_work_from_slide)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common.jpg "Boeing_Everett_By Piergiuliano_Chesi_(Own_work_from_slide)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common") For the third quarter 2019 Sifco Industries Inc increased losses of $ -1.32 per share compare to $ -0.28 a year ago and increased losses from $ -0.23 per share from the previous quarter. Sales declined in double digits by -13.28 % to $ 25 millions from $29 millions in the same quarter a year ago and sequentially Sales deteriorated by -9.2 % from $27 millions. For the third quarter 2019 Sifco Industries Inc realized net loss of $ -7 million, bigger than $ -2 million a year ago. Excluding the negative impact of $5 million, on impairment of assets, Sifco Industries Inc would still finished the quarter in red. Sifco Industries Inc is expected to report next financial results on November 25, 2019.
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Recently Reported Results |
Universal Security Instruments Inc
Sifco Industries Inc see it's third quarter 2019 results, effected by $5 million impairment of assets, company reports $-1.32 loss per share.
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Industrial production
Fed reported declining U.S. Industrial production in September, as the demand for industrial goods softens.
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U.s. Lithium Corp.
In the third quarter U.s. Lithium Corp losses widen of $-0.01 per share compare to $0.00 a year ago and improved from $-0.04 per share from the previous quarter.
Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.
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Rokk3r Inc.
In the third quarter Rokk3r Inc increased losses of $-0.02 per share compare to $-0.01 a year ago and increased losses from $-0.01 per share from the previous quarter.
Sales grew strongly by 58.45 % to $0.93 millions from $0.58 millions in the same quarter a year ago and sequentially Sales Tumbled by -46.13 % from $1.72 millions.
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Ieh Corp
For the second quarter income surged by 80 % to $0.54 per share, followed by Sales increase of 14.45 % to $7.55 millions, compared with the prior year period.
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![Warehouse_By Cayco_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common](../news/img/warehouse/Warehouse_ByCayco___[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common.jpg "Warehouse_By Cayco_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common")
Retail Inventories
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![workout_By_Nnu-12-22100541Tracy_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons](../news/img/interesting/workout_By_Nnu-12-22100541Tracy_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons.jpg "workout_By_Nnu-12-22100541Tracy_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons")
Productivity
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![Shopping_in_By_Ramunasjurevicius_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common](../news/img/shopping/Shopping_in_By_Ramunasjurevicius_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common.jpg "Shopping_in_By_Ramunasjurevicius_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common")
Personal Income and Spending
Americans cut back on spending in September and increased their savings, another sign that the U.S. economy has cooled off, government data showed.
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![cutting_By_Toby_Hudson_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons](../news/img/construction/cutting_By_Toby_Hudson_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons.jpg "cutting_By_Toby_Hudson_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons")
Abco Energy, Inc.
Abco Energy, Inc reported disastrous third quarter, where Sales faded by -53.66 % to $0.51 millions and loss per share has widen to $-0.01, from the same quarter a year ago.
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![port_By_Abellman_(Own work)_or__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons](../news/img/restaurant/port_By_Abellman_(Own_work)_or__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons.jpg "port_By_Abellman_(Own work)_or__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons")
Porter Holding International, Inc.
In the third quarter reached break-even of $0.00 per share compare to $0.00 a year ago and from $0.00 per share from the previous quarter.
Sales crumbled by -30.53 % to $0.37 millions from $0.53 millions in the same quarter a year ago and sequentially Sales Tumbled by -62.7 % from $0.99 millions.
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![Marketplace_By_Infrogmation_of_New_Orleans_(Photo_by_Infrogmation)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons](../news/img/restaurant/Marketplace_By_Infrogmation_of_New_Orleans_(Photo_by_Infrogmation)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons.jpg "Marketplace_By_Infrogmation_of_New_Orleans_(Photo_by_Infrogmation)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons")
Oranco Inc
Sales for the first quarter increased by 7.12 % to $3.81 millions in comparison to $3.56 millions on a year-over-year basis, company posted earnings growth to $0.04, as comparison at $0.00 in the prior year quarter.
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1847 Holdings Llc
1847 Holdings Llc announced very strong Sales growth of 823.58 % year on year to $13.54 millions in the third quarter, but losses widen at $-0.25.
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Us Nuclear Corp.
Us Nuclear Corp reported disappointing third quarter, where Sales melted down by -42.44 % to $0.66 millions and company posted loss per share to $-0.08, compare to $-0.09, in the same quarter a year ago.
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![Autosample_takes_a_By_Hey_Paul_(originally_posted_to_Flickr_as_image8)_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons](../news/img/healthcare/Autosample_takes_a_By_Hey_Paul_(originally_posted_to_Flickr_as_image8)_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons.jpg "Autosample_takes_a_By_Hey_Paul_(originally_posted_to_Flickr_as_image8)_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons")
Boston Therapeutics, Inc.
In the third quarter Boston Therapeutics, Inc reached break-even of $0.00 per share compare to $0.01 a year ago and from $0.00 per share from the previous quarter.
Sales fell sharply to $0.00 millions from $0.01 millions in the same quarter a year ago and sequentially from $0.01 millions.
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