logo
Share SHARE
FONT-SIZE Plus   Neg

SL Industries Posts Slightly Wider Q4 Loss

Power electronics manufacturer SL Industries, Inc. (SLI) reported a fourth-quarter net loss of $1.7 million or $0.37 per share, slightly wider than the net loss of $1.6 million or $0.33 per share last year.

Net income from continuing operations was $3.1 million or $0.67 per share, down 25 percent from last year's $4.1 million or $0.83 per share.

Net sales for the quarter increased 1 percent to $51.4 million from last year's $50.7 million.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Reports that Gary Cohn is considering resigning as President Donald Trump's top economic advisor have weighed on Wall Street, although the White House has denied the claims. Cohn, former president and chief operating officer of Goldman Sachs (GS), currently serves as the Director of the National Economic Council. A Pennsylvania woman has sued Chick-fil-A after she claimed a dead rodent was found baked into her chicken sandwich. Ellen Manfalouti of Northampton has filed a lawsuit in Bucks County Court against Chick-fil-A, seeking more than $50,000 for the physical and psychological damages that she endured after the incident occurred. Early Uber investor Shervin Pishevar has alleged that venture capital firm Benchmark Capital is seeking to remove Arianna Huffington from the ride-hailing company's board of directors. Pishevar also accused Benchmark of holding Uber hostage by threatening to block investments in the company and urged it to step down from Uber's board of directors.
comments powered by Disqus
Follow RTT