Company Reports Q4 Revenue of $22.8M with $119.2M Backlog for 2025
Reports Q4 revenue $22.8M vs. $21.7M last year.The Company informed shareholders that it has sought to capitalize on market opportunities while continuing to improve margins through cost reduction and selective price increases. To highlight the point CEO George Scherff stated, "We continued to increase sales in both the fourth quarter and the full year of 2025. Strong demand in both the military and commercial space and aircraft markets contributed to financial improvement during the fiscal year. Looking ahead, we are encouraged by the demand for our forging solutions. Our customer backlog stands at $119.2M at the end of fiscal year 2025. We are focused on increased production to support our customers needs for the upcoming year and beyond."
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