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Sifco Industries Inc announced earnings per share of $0.57 and Sales of $26 millions in the second quarter 2020, Company's turn a round per share, versus $-0.23 eps, earned in the same quarter a year ago, although Sifco Industries Inc saw it's Sales rise by 11.48 % in the same period.
From first quarter 2019, EPS turn positive from $
-0.24 per share and Sales improved by 16.52 % from $26 millions.
Company achieved net income of $3.260 millions in the second quarter 2020 an improvement versus a net loss of $
-1.258 millions in the same quarter a year ago. Sifco Industries Inc also emphasized it's improving profit margins, where net margin rose to 10.68% in second quarter 2020, and operating margin edged up to 11.48%.
Sifco Industries Inc is expected to report next financial results on August 17, 2020.
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