CLEVELAND (AP) _ Sifco Industries Inc. (SIF) on Friday reported a loss of $7.4 million in its fiscal third quarter.
On a per-share basis, the Cleveland-based company said it had a loss of $1.32. Losses, adjusted for asset impairment costs, came to 14 cents per share.
The producer of forgings and machined components for the aerospace and energy market posted revenue of $24.9 million in the period.
The company's shares closed at $2.91. A year ago, they were trading at $5.23.