Aldila, Inc., through its subsidiaries, engages in the design, manufacture, and marketing of graphite golf club shafts and graphite arrows. Its golf club shafts are composite structures consisting principally of carbon fiber and epoxy resins. The company also offers bolts and accessories, composite prepregs, prepreg uni-tapes, fabrics, film adhesives, and other related composite materials. The company sells its graphite shafts to golf club manufacturers, distributors, custom club shops, pro shops, and repair shops; and composite materials to manufacturers of composite products. It operates primarily in the United States, England, China, Japan, Canada, Australia, and Vietnam. The company was ...
14145 Danielson Street
Poway, CA 92064
Founded in 1972
Aldila Inc. to Report Fiscal Year 2012 Results on May 29, 2013
Feb 28 13
Aldila Inc. announced that they will report fiscal year 2012 results on May 29, 2013
Aldila Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012
Nov 19 12
Aldila Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company's net sales were $10.65 million compared to $12.81 million a year ago. The decrease in Net Sales were attributed to decreases in Composite Products and Composite Material sales. Operating loss was $1.65 million compared to $0.74 million a year ago. The decrease was mainly attributed to a decrease in gross profit. Loss before income taxes was $1.73 million compared to $0.8 million a year ago. Net loss was $1.2 million compared to $0.413 million a year ago. Net loss per common share, assuming dilution was $0.22 compared to $0.08 a year ago.
For the nine months, the company's net sales were $38.73 million compared to $36.16 million a year ago. The increase in sales was attributed to an increase in Composite Product sales, which was partially offset by a decrease in Composite Material sales. Operating loss was $5.27 million compared to $2.53 million a year ago. The decrease was mainly attributed to an increase in SG&A and a decrease in gross profit. Loss before income taxes was $5.5 million compared to $2.62 million a year ago. Net loss was $5.21 million compared to $1.39 million a year ago. Net loss per common share, assuming dilution was $0.97 compared to $0.26 a year ago. Net cash used for operating activities was $0.223 million compared to $1.35 million a year ago. Purchases of property, plant and equipment was $0.504 million compared to $0.77 million a year ago.