Unique Fabricating, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 05:27 pm EDT
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Unique Fabricating, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 30.896 million compared to USD 14.975 million a year ago. Operating loss was USD 1.465 million compared to USD 4.775 million a year ago. Net loss was USD 2.509 million compared to USD 4.322 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to USD 0.44 a year ago. For the half year, sales was USD 65.694 million compared to USD 49.636 million a year ago. Operating loss was USD 1.417 million compared to USD 5.988 million a year ago. Net loss was USD 3.578 million compared to USD 6.624 million a year ago. Basic loss per share from continuing operations was USD 0.37 compared to USD 0.68 a year ago.
Unique Fabricating, Inc. engineers and manufactures components for customers in the transportation, appliance, medical, and consumer / off-road markets. The Companyâs solutions are comprised of multi-material foam, rubber, and plastic components and are utilized in noise, vibration and harshness (NVH) management, acoustical management, water and air sealing, decorative and other functional applications. The Company leverages manufacturing processes, including die cutting, thermoforming, compression molding, fusion molding, and reaction injection molding to manufacture a wide range of products including air management products, heating ventilating and air conditioning (HVAC), seals, engine covers, fender stuffers, air ducts, acoustical insulation, door water shields, gas tank pads, light gaskets, topper pads, mirror gaskets, glove box liners, personal protection equipment, and packaging. It serves the North American transportation market, which includes automotive and heavy-duty trucks.