Ampco-Pittsburgh Corporation (NYSE: AP) Announces Fourth Quarter and Full Year 2023 Results
Ampco-Pittsburgh Corporation (AP)
Last ampco-pittsburgh corporation earnings: 11/7 08:20 am
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Source: Business Wire
Q4 2023 sales up 16% over Q4 2022; full year 2023 sales up 8% over full year 2022.Air and Liquid Processing segment sales increased 35% for Q4 2023 and 31% for 2023 YTD compared to prior year periods.2023 full year loss from operations of $34.6 million includes a $40.9 million non-cash, undiscounted asbestos-related revaluation charge recorded in Q4 2023.2023 full year non-GAAP adjusted income from operations improved $4.5 million vs 2022.Conclusion of U.S. forged business equipment modernization program in Q1 2024. CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) reported net sales of $108.1 million and $422.3 million for the three and twelve months ended December 31, 2023, compared to $93.5 million and $390.2 million for the three and twelve months ended December 31, 2022, respectively. The increase for both the three and twelve months ended December 31, 2023, over the prior year periods was primarily driven by record Air and Liquid segment sales, higher fo
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News
- Ampco-Pittsburgh Co. (NYSE: AP) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- The Return Trends At Ampco-Pittsburgh (NYSE:AP) Look Promising [Yahoo! Finance]Yahoo! Finance
- Ampco-Pittsburgh Co. (NYSE: AP) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Ampco-Pittsburgh Co. (NYSE: AP) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Ampco-Pittsburgh Corporation (NYSE:AP) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
AP
Sec Filings
- 4/24/24 - Form DEFA14A
- 4/24/24 - Form DEF
- 4/23/24 - Form ARS
- AP's page on the SEC website