Jason Industries reports 2Q loss

 

August 1, 2015

   
MILWAUKEE - Jason Industries Inc. on Friday reported a loss of $1.6 million in its second quarter.

The Milwaukee-based company said it had a loss of 7 cents per share. Earnings, adjusted for one-time gains and costs, came to 12 cents per share.

The manufacturing company posted revenue of $187.6 million in the period.

Jason Industries expects full-year revenue in the range of $708 million to $723 million.

Jason Industries shares have fallen 45 percent since the beginning of the year. The stock has declined 48 percent in the last 12 months.


Associated Press