Accuride Corp. posted a second-quarter loss but reported positive operating income for the period.
The truck and auto component maker reported a loss of $840,000, or 2 cents per share, compared with a profit of $1.3 million, or 3 cents, a year earlier.
Sales rose 11% to $268.8 million, Evansville, Ind.-based Accuride said. Operating income rose 13.4% to $9.6 million.
“The commercial vehicle industry’s underlying equipment replacement fundamentals remain strong,” Accuride said in a statement, thoough it said “the industry is experiencing some near-term slowdown within the Class 8 segment.”
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