Steel Dynamics (STLD) Q1 'Okay', Nomura Says; Notes Metal Spreads Risk
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Steel Dynamics Reports First Quarter 2015 Results
April 20, 2015 6:00 PM EDTFORT WAYNE, Ind., April 20, 2015 /PRNewswire/ --Â Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced first quarter 2015 financial results. Excluding $17 million, or $0.04 per diluted share, of call premium and other finance expenses associated with the March 2015 senior note repayment, the company's adjusted first quarter 2015 net income was $40 million, or $0.17 per diluted share, on net sales of $2.0 billion. Including the finance charges, the company reported first quarter 2015 net income of $31 million, or $0.13 per diluted share.Â
Comparatively, prior year first quarter net income was $39 million, or $0.17 per diluted share, on net sales of $1.8... More
