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Stock impact report

Ferroglobe Reports Third Quarter Results of 2019

Ferroglobe PLC - Ordinary Shares (GSM) 
Last ferroglobe plc - ordinary shares earnings: 3/2 05:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ferroglobe.com
Company Research Source: GlobeNewswire
Sales of $381.7 million; Net Loss of $(140.1) million; Adjusted EBITDA of $(7.2) million Q3 sales of $381.7 million, compared to $409.5 million in Q2 2019 and $524.4 million in Q3 2018Q3 net loss of $(140.1) million compared to a net loss of $(43.7) million in Q2 2019 and a net loss of $(2.9) million in Q3 2018, with the Q3 2019 net loss including a goodwill impairment charge of $174.0 millionQ3 adjusted net loss attributable to Parent of $(16.1) million compared to a net loss of $(22.2) million in Q2 2019 and a net loss of $(0.1) million in Q3 2018Q3 adjusted EBITDA of $(7.2) million compared to $5.0 million in Q2 2019 and $43.9 million in Q3 2018Successful closing of the divestiture of FerroAtlántica, S.A.U. on August 30, 2019, resulting in gross proceeds of $171.2 million and a profit on disposal of $80.7 millionSuccessful closing of a new, five-year $100 million North American asset-based revolving credit facility on October 11, 2019 and repayment of the Company’s previous revolv Show less Read more
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