Globe Specialty Metals (GSM) Declares $0.08 Quarterly Dividend; 1.7% Yield
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Globe Specialty Metals Reports Increased Earnings and Margin Expansion in Third Quarter Fiscal 2015; Preliminary Proxy Statement/Prospectus on Form F-4 Filed Today in Connection With the Proposed Busi
May 6, 2015 6:14 PM EDTAdjusted diluted earnings per share attributable to GSM increased 43% to $0.20 from the third quarter of last year and decreased 5% from the prior quarter Adjusted EBITDA increased 29% to $38.0 million from the third quarter of last year and increased 2% from the prior quarter Adjusted net income increased 46% to $15.1 million from the third quarter of last year, down 2% from the prior quarter Adjusted EBITDA Margin increased 30% to 19.5% from the third quarter of last year and increased 3% from the prior quarter Sales of $194.7 million were down 0.7% from the third quarter of last year and down 1.7% from the prior... More
