Business & Tech
IBC Advanced Alloys Reports Losses
The maker of rare metal-based alloys posted revenue of $4.3 million in the period.
FRANKLIN, IN — IBC Advanced Alloys Corp. reported a loss Monday of $602,000 in its fiscal first quarter.
On a per-share basis, the Franklin, Indiana-based company said it had a loss of 2 cents.
The maker of rare metal-based alloys posted revenue of $4.3 million in the period.
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In the final minutes of trading on Monday, the company's shares hit 21 cents. A year ago, they were trading at 40 cents.
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