Shiloh Industries (SHLO) Swings to Q1 Loss
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Shiloh Industries Reports First-Quarter 2016 Results
March 3, 2016 7:00 AM ESTVALLEY CITY, Ohio, March 3, 2016 /PRNewswire/ -- Shiloh Industries, Inc. (NASDAQ: SHLO), a leading global supplier of lightweighting, noise and vibration solutions, today reported financial results for the first-quarter 2016 results.
First Quarter 2016 Highlights:
Revenue for the first quarter was $251.1 million, compared with $245.9 million in the first quarter of 2015. On a constant currency basis, year-over-year revenue growth was 3.9 percent. New product wins represented an expected $56 million in sales over the life-of-program. Successful launch of an additional ShilohCore dash panel line in China, expanded production to over 1.1 million... More