IBC Advanced Alloys Reports Profitability for the Quarter Ended December 31, 2023
Highlights of the Quarter and YTD as Compared to Prior-Year Periods(Unless otherwise noted, all financial amounts in this news release are expressed in U.S. dollars.)IBC swung to profitability in quarter, driven by a 34.1% increase in sales over the prior-year period to $10 million. Copper Alloys division sales of $7 million were higher by 24.1% quarter-over-quarter ("Q/Q") and Engineered Materials division sales of $3 million increased by 66%...
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