ATRM Holdings, Inc. reported un-audited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company reported net sales of $5.6 million compared to $10.4 million in 2014. Loss from continuing operations amounted to approximately $1.4 million compared with approximately $2.2 million in 2014. Net loss was approximately $1.8 million or $0.82 per share, compared with approximately $2.4 million or $2.04 per share, in 2014. The company reported loss from continuing operations before income taxes of $1.8 million compared to $2.4 million, loss from continuing operations of $1.8 million or $0.82 per share compared to $2.4 million or $2.04 per share for the last year.

For the year, the company reported net sales of $25.6 million compared to $33.1 million in last year. Loss from continuing operations amounted to approximately $5.4 million compared to $9.0 million in last year. Net loss was approximately $3.3 million or $2.26 per share compared to $8.3 million or $7.55 per share in last year. The company reported loss from continuing operations before income taxes of $3.3 million compared to $9.7 million, loss from continuing operations of $3.3 million or $2.26 per share compared to $9.2 million or $8.33 per share for the last year.

Although first quarter of 2016 sales will reflect a typical seasonal slowdown, The company expects sales in second quarter of 2016 and the remainder of fiscal year 2016 will show substantial increases over prior year levels.