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Stock impact report

Radius Recycling Reports Fourth Quarter and Fiscal 2024 Financial Results

Radius Recycling, Inc. - Class A (RDUS) 
Last radius recycling, inc. - class a earnings: 2/27 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.radiuspharm.com
Company Research Source: GlobeNewswire
Significant Sequential Improvement in Operating and Financial Performance in Q4 Ferrous, Nonferrous and Finished Steel Sales Volumes Up Sequentially Radius Board Declares Quarterly Dividend PORTLAND, Ore., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Radius Recycling, Inc. (NASDAQ: RDUS) today reported results for the fourth quarter and fiscal year ended August 31, 2024. The Company reported a net loss of $(16) million, or $(13) per ferrous ton, and a loss per share from continuing operations in the fourth quarter of fiscal 2024 of $(0.56), a significant improvement compared to the third quarter which included a material goodwill impairment charge. Adjusted EBITDA in the fourth quarter was $17 million, or $13 per ferrous ton, nearly double as compared to the third quarter which included $7 million of insurance recoveries. Adjusted loss per share from continuing operations was $(0.41) in the fourth quarter. The biggest drivers of the sequential performance improvement were significantly h Show less Read more
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