Second Quarter Fiscal 2024 Preliminary Results and Announcement of Earnings Date [Yahoo! Finance]
Radius Recycling, Inc. - Class A (RDUS)
Last radius recycling, inc. - class a earnings: 2/27 07:30 am
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Source: Yahoo! Finance
PORTLAND, Ore., March 14, 2024 (GLOBE NEWSWIRE) -- Radius Recycling, Inc. (NASDAQ: RDUS) today announced preliminary results for its fiscal 2024 second quarter ended February 29, 2024. Second Quarter Fiscal 2024 Expected Performance The Company anticipates: Net loss to be approximately $(35) million. Loss per share from continuing operations to be in the range of $(1.19) - $(1.24). Adjusted EBITDA to be approximately $2 million, and adjusted loss per share from continuing operations to be in the range of $(1.05) - $(1.10). Market Conditions, Prices, and Volumes . Tight supply flows for recycled metals and unusually wet winter weather impacted sales volumes and metal spreads for both recycled metals and finished steel during the Company's second quarter. Ferrous sales volumes are expected to decrease sequentially by 15% due to the lower supply flows including delays of certain bulk shipments at quarter-end. Nonferrous sales volumes are expected to be down 3% sequentially, bu
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- Radius Recycling, Inc. (NASDAQ: RDUS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Radius Announces Presentation of Data on TYMLOS (abaloparatide) at the World Congress on Osteoporosis, Osteoarthritis and Musculoskeletal Diseases Accesswire
- Radius Recycling, Inc. (NASDAQ: RDUS) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Radius Recycling Reports Second Quarter Fiscal 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Radius Recycling Reports Second Quarter Fiscal 2024 Financial ResultsGlobeNewswire