Olympic Steel Reports Fourth-Quarter and Full-Year 2023 Results
Olympic Steel, Inc. (ZEUS)
Last olympic steel, inc. earnings: 5/1 06:30 am
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Source: Business Wire
Strong finish to the year led by Pipe and Tube segment delivering its second most profitable year everShareholders rewarded with a quarterly dividend increase of 20% from $0.125 to $0.15 per shareCompany enters 2024 in position of strength due to success of diversification strategy and operational disciplines CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2023.Fourth-Quarter ResultsNet income for the fourth quarter totaled $7.4 million, or $0.64 per diluted share, compared with net income of $4.0 million, or $0.34 per diluted share, in the fourth quarter of 2022. The results include $5.3 million of LIFO pre-tax income in the fourth quarter of 2023, compared with $0.9 million of LIFO pre-tax income in the same period a year ago. The fourth quarter 2023 results also include $1.1 million of acquisition-related charges. Adjusted EBITDA for the fourth quarter
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- Webcast Alert: Olympic Steel to Announce First-Quarter 2024 Financial Results After Market Closes on May 2, 2024Business Wire
ZEUS
Earnings
- 5/2/24 - Beat
ZEUS
Sec Filings
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/1/24 - Form ARS
- ZEUS's page on the SEC website