SIFCO Industries, Inc. ("SIFCO") Announces Second Quarter and First Half of Fiscal 2025 Financial Results

About this update from Sifco Industries, Inc.

[{"type":"text","content":"CLEVELAND, May 15, 2025--(BUSINESS WIRE)--SIFCO Industries, Inc. (NYSE American: SIF) today announced financial results for its second quarter and first half of fiscal 2025, which ended March 31, 2025.","length":201,"tagName":"p"},{"type":"text","content":"Second Quarter Results","length":22,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales in the second quarter of fiscal 2025 decreased 7.3% to $19.0 million, compared with $20.5 million for the same period in fiscal 2024.","length":143,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net loss from continuing operations for the second quarter of fiscal 2025 was $1.3 million, or $(0.22) per diluted share, compared with net loss of $2.2 million, or $(0.38) per diluted share, in the second quarter of fiscal 2024. Net loss from discontinued operations for the second quarter of fiscal 2025 was $0.1 million, or $(0.01) per diluted share, compared with net income from discontinued operations of $0.6 million, or $0.11 per diluted share, in the second quarter of fiscal 2024.","length":490,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"EBITDA was $0.4 million in the second quarter of fiscal 2025, compared with $(0.2) million in the second quarter of fiscal 2024.","length":128,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA in the second quarter of fiscal 2025 was $(0.2) million, compared with Adjusted EBITDA of $0.2 million in the second quarter of fiscal 2024.","length":156,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":917,"olType":false},{"type":"text","content":"First Half Results","length":18,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales in the first six months of fiscal 2025 increased 10.9% to $39.9 million, compared with $36.0 million for the same period in fiscal 2024.","length":146,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net loss from continuing operations for the first six months of fiscal 2025 was $3.7 million, or $(0.62) per diluted share, compared with net loss of $6.3 million, or $(1.05) per diluted share, in the first six months of fiscal 2024. Net income from discontinued operations for the first six months of fiscal 2025 was less than $0.1 million, or $0.01 per diluted share, compared with ...

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