Global Brass & Copper (BRSS) Tops Q1 EPS by 4c

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Global Brass and Copper Holdings, Inc. Reports First Quarter 2015 Financial Results

May 11, 2015 8:01 AM EDT

First Quarter Highlights

Volume of 128.6 million pounds, a decrease of 4.2% year-over-year; Adjusted sales of $134.9 million, a decrease of 4.5% year-over-year; Adjusted EBITDA of $29.3 million, an increase of 2.1% year-over-year; Adjusted diluted earnings per common share of $0.49 versus $0.50 in the prior year period; Net sales of $400.2 million, a decrease of 9.8% year-over-year; and Net income attributable to GBC of $8.1 million, or $0.38 per diluted share, versus $9.7 million, or $0.46 per diluted share in prior year period.

SCHAUMBURG,... More

Global Brass and Copper Holdings, Inc. Announces Cash Dividend

May 7, 2015 8:20 AM EDT

Quarterly dividend of $0.0375 per share to be paid on May 28, 2015

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Global Brass and Copper Holdings, Inc. (NYSE: BRSS) (the Company) today announced that, on May 6, 2015, its Board of Directors declared a quarterly cash dividend of $0.0375 per share on the Companys common stock for the first quarter of 2015. The dividend will be paid on May 28, 2015 to stockholders of record on the close of business on May 18, 2015.

The declaration and payment of any future dividend will be subject to the discretion of the Board... More