Empire Resources (ERS) Reports Q2 EPS of $0.02

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Empire Resources Reports Results for Second Quarter of 2015

August 14, 2015 8:30 AM EDT

FORT LEE, N.J., Aug. 14, 2015 /PRNewswire/ -- Empire Resources, Inc. (NASDAQ: ERS), a distributor of value added, semi-finished metal products, announced today that net sales for the second quarter of 2015 were $134.5 million, compared with $146.5 million in the second quarter of 2014. A 23% increase in U.S. sales in the second quarter of 2015 compared with the prior year period was offset by lower sales in all other regions, especially Latin America, where the Company has substantially reduced its activity due to the severe economic stresses there.

Gross profit for the second quarter of... More