Ampco-Pittsburgh (AP) Reports Q3 Loss of $0.14
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Ampco-Pittsburgh Announces Third Quarter Earnings
October 29, 2015 4:40 PM EDTCARNEGIE, Pa.--(BUSINESS WIRE)-- Ampco-Pittsburgh Corporation (NYSE: AP) announces sales for the three and nine months ended September 30, 2015 of $58,094,000 and $183,154,000, respectively, against $65,409,000 and $198,270,000 for the comparable prior year periods. Net (loss) income for the three and nine months ended September 30, 2015 was $(1,511,000) or $(0.14) per share and $(1,959,000) or $(0.19) per share, respectively, compared to $(343,000) or $(0.03) per share and $856,000 or $0.08 per share for the comparable prior year periods. Loss from operations equaled $(2,357,000) and $(2,661,000) for the three and nine months ended September 30, 2015, respectively. Income from operations approximated $42,000 and $2,837,000 for the three and nine months ended September 30, 2014, respectively.
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