Sales increased 36% in the quarter as compared to the quarter ended September 30, 2016, with Engineering Materials division sales expanding by 142%. Both operating divisions swung to positive gross margins from negative gross margins in the year-ago period.
IBC Advanced Alloys Corp. announces its fiscal third quarter 2017 results. Company reported higher sales as compared to the quarter ended December 31, 2016, and booked the highest revenue in the past four quarters. It completed the installation of new production furnaces in both operating divisions, a key component of its year-long capital improvements program, and is now ramping up production to clear existing order backlogs and produce for new orders it is receiving. The Company also narrowed its per-share losses in the quarter on both a sequential and year-on-year basis.
IBC Advanced Alloys Corp. announces its financial results for fiscal second quarter of 2017. The Company reported higher sales and revenue, an improved gross margin, and a significant narrowing of its operating loss in the quarter ended December 31, 2016, all as compared to the prior-year period.
IBC Advanced Alloys Corp. announces announces its financial results for the fiscal year ended June 30, 2016.
IBC Advanced Alloys Corp. has released its financial results for the period ended March 31, 2016. For detailed information about IBC’s third fiscal quarter, please read the Company’s financial statements and management’s discussion and analysis which are available on the Company website and SEDAR.
IBC Advanced Alloys Corp. has released its financial results for the period ended December 31, 2015.