$22.210
-0.149 (-0.67%)At close
SIF News
SIF Events
Company Reports Q3 Revenue of $26.1M
Reports revenue $26.1M vs. $22.1M last year. "Our employees are proud of their contribution to the Company's third quarter results. Their commitment to delivering high-quality products remains a key strength of our business. While availability of skilled production labor continues to present challenges, we have recently seen greater success in recruiting and retaining personnel. Our production teams remain focused on process improvements designed to increase throughput and productivity without compromising quality. We remain committed to our strategic focus on operational excellence. Customer demand remains strong, and our backlog provides continued visibility to future activity. We are focused on converting demand into profitable growth while continuing to improve operational performance," said CEO, George Scherff.
SIFCO Reports Q2 Revenue of $26.4M
Reports Q2 revenue $26.4M vs. $19M last year. "Management's continued focus on engineering, quality, and continuous improvement is driving meaningful gains in efficiency, cost control, and throughput. While labor availability for skilled roles remains a constraint, recent hiring, training, and retention initiatives are improving workforce stability and supporting operational progress. Despite ongoing global uncertainty, demand for our products remains strong, driving growth in SIFCO's backlog," said CEO, George Scherff.
SIFCO Reports Q1 Revenue of $24M
Reports Q1 revenue $24M vs. $20.9M last year. "SIFCO reported favorable results for the first quarter ending December 31, 2025. SIFCO provides engineered, high-quality forgings primarily for the commercial and military aerospace industries. Management indicated that increased production throughput and lower fixed costs were the main drivers of improved financial performance for the quarter. Strong demand continues for SIFCO's products and the order backlog remains stable in both commercial and defense end markets," the company said.
Company Reports Q4 Revenue of $22.8M with $119.2M Backlog for 2025
Reports Q4 revenue $22.8M vs. $21.7M last year.The Company informed shareholders that it has sought to capitalize on market opportunities while continuing to improve margins through cost reduction and selective price increases. To highlight the point CEO George Scherff stated, "We continued to increase sales in both the fourth quarter and the full year of 2025. Strong demand in both the military and commercial space and aircraft markets contributed to financial improvement during the fiscal year. Looking ahead, we are encouraged by the demand for our forging solutions. Our customer backlog stands at $119.2M at the end of fiscal year 2025. We are focused on increased production to support our customers needs for the upcoming year and beyond."
SIFCO Industries names Jennifer Wilson CFO
SIFCO Industries announced the appointment of Jennifer Wilson Skuhrovec as the Company's chief financial officer, effective November 13, 2024. Wilson replaces Thomas Kubera, who served as CFO since 2018 and announced his intention to retire earlier this year. "Jenn has significant experience in strategic accounting and finance roles throughout her career, along with deep knowledge of SIFCO's accounting and operating organization," said George Scherff, CEO. "Her combination of financial acumen, business insight and commitment to fostering a positive culture will be invaluable as we pursue our goals of enhancing profitability and shareholder value."
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