Unifi: Overview of Second Quarter Financial Results

Unifi Inc. Reports Second Quarter Financial Results

Unifi Inc., headquartered in Greensboro, North Carolina, announced a net loss of $9.7 million for its fiscal second quarter.

During this period, the company recorded a loss of 53 cents per share. After accounting for restructuring expenses, the adjusted loss stood at 48 cents per share.

The manufacturer, known for producing polyester and nylon yarns, reported total revenue of $121.4 million for the quarter.