💨 Abstract

Ampco-Pittsburgh Corp. reported a second-quarter loss of $7.3 million, contrasting with a profit in the same period last year. The company, based in Carnegie, Pennsylvania, had a loss of 36 cents per share, with adjusted losses at 6 cents per share. Revenue for the quarter was $113.1 million. Despite the loss, the company’s shares rose to $3.40 from $1.49 a year ago.

Courtesy: WTOP Staff