AK Steel (AKS) Tops Q1 EPS by 4c

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AK Steel Announces Financial Results for First Quarter 2017

April 25, 2017 8:30 AM EDT

WEST CHESTER, OH -- (Marketwired) -- 04/25/17 -- AK Steel (NYSE: AKS) today reported its financial results for the first quarter of 2017.

1st Quarter 2017 Highlights

Net income of $62.5 million, or $0.19 per diluted share, was the best first quarter net income since 2008 Adjusted EBITDA of $142.9 million increased 76% from the first quarter 2016 Adjusted EBITDA margin improved to 9.3% from 5.3% in the first quarter 2016 Actions taken during the quarter strengthened the balance sheet... More