SIFCO Industries, Inc. announced its financial results for the second quarter and first half of fiscal 2025, which ended March 31, 2025. For the second quarter, net sales were $19.027 million, a decrease from $20.515 million in the prior-year period, attributed to raw material sourcing challenges.
The company reported a net loss of $1.392 million, or $(0.23) per diluted share, for the second quarter, compared to a net loss of $1.590 million, or $(0.27) per diluted share, in the comparable prior-year period. Loss from continuing operations was $1.322 million.
For the first half of fiscal 2025, net sales increased to $39.910 million from $35.989 million year-over-year. The total backlog continued its growth trend, reaching $129.2 million, indicating ongoing demand for SIFCO's products despite quarterly sales fluctuations.
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