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SL Industries Posts Slightly Wider Q4 Loss

Power electronics manufacturer SL Industries, Inc. (SLI: Quote) 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.

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by RTT Staff Writer

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