U.S. Markets closed

Shiloh: Fiscal 4Q Earnings Snapshot

VALLEY CITY, Ohio (AP) _ Shiloh Industries Inc. (SHLO) on Thursday reported a loss of $8.5 million in its fiscal fourth quarter.

On a per-share basis, the Valley City, Ohio-based company said it had a loss of 36 cents. Losses, adjusted for non-recurring costs and restructuring costs, were 23 cents per share.

The automotive lightweighting company posted revenue of $300.1 million in the period.

For the year, the company reported net income of $11.5 million, or 49 cents per share, swinging to a profit in the period. Revenue was reported as $1.14 billion.

Shiloh expects full-year revenue in the range of $1 billion to $1.15 billion.

Shiloh shares have declined 13 percent since the beginning of the year. The stock has fallen 13 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHLO at https://www.zacks.com/ap/SHLO