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
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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
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- Radius Recycling Publishes Fiscal Year 2024 Sustainability ReportGlobeNewswire
- Radius Pharmaceuticals Expands Abaloparatide Licensing Agreement with Theramex Granting Additional Commercialization Rights Including Mexico, Canada, South Africa, Israel, and RussiaAccesswire
- Radius Recycling, Inc. (NASDAQ: RDUS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Radius Recycling, Inc. (NASDAQ: RDUS) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "neutral" rating and a $22.00 price target on the stock.MarketBeat
- Radius Recycling, Inc. (NASDAQ: RDUS) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat