SIFCO Industries(SIF) - 2026 Q1 - Quarterly Results

Financial Performance - Net sales for the first quarter of fiscal 2026 increased by 14.8% to $24.0 million, compared to $20.9 million in the same period of fiscal 2025[8] - Net income from continuing operations for the first quarter of fiscal 2026 was $1.8 million, or $0.29 per diluted share, compared to a net loss of $2.4 million, or $(0.40) per diluted share, in the first quarter of fiscal 2025[8] - EBITDA for the first quarter of fiscal 2026 was $3.6 million, compared to $(0.8) million in the first quarter of fiscal 2025[8] - Adjusted EBITDA for the first quarter of fiscal 2026 was $3.9 million, compared to Adjusted EBITDA of $(0.2) million in the first quarter of fiscal 2025[8] - Management indicated that increased production throughput and lower fixed costs were the main drivers of improved financial performance for the quarter[4] Assets and Liabilities - Total current assets increased to $37.8 million as of December 31, 2025, compared to $35.1 million as of September 30, 2025[10] - Total assets increased to $74.9 million as of December 31, 2025, compared to $73.4 million as of September 30, 2025[10] - Total shareholders' equity rose to $38.7 million as of December 31, 2025, compared to $36.9 million as of September 30, 2025[10] - Current liabilities decreased slightly to $22.0 million as of December 31, 2025, from $22.2 million as of September 30, 2025[10] Market Demand - The order backlog remains stable in both commercial and defense end markets, indicating strong demand for SIFCO's products[4]