Shiloh Industries Q3 sales revenue $275.2 million, 27.2% betterStaff writer ▼ | September 16, 2015
Shiloh Industries reported financial results for the third quarter ended July 31, 2015. Sales revenue was $275.2 million, an increase of 27.2 percent compared to the prior year quarter.
Shiloh Industries Q3 gross profit was $20.2 million
Net income per diluted share for the quarter was $0.11, which included a negative $0.16 impact from lower scrap metal market pricing. EBITDA for the quarter was $16.4 million, which included a negative $4.3 million impact from lower scrap metal market pricing.
The company launched and received production approval for 146 new products during the quarter, compared to 61 in the prior year quarter; year-to-date launched and received production approval for 272 new products compared to 126 in the prior year period. ■