AK Steel (AKS) Misses Q2 EPS by 2c, Slight Miss on Revenues
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AK Steel Announces Second Quarter 2018 Financial Results and Third Quarter Outlook
July 30, 2018 4:45 PM EDT
WEST CHESTER, Ohio, July 30, 2018 (GLOBE NEWSWIRE) -- AK Steel (NYSE: AKS) today reported its financial results for the second quarter of 2018.
Second Quarter 2018 Highlights
Net income of $56.6 million, or $0.18 per diluted shareAdjusted EBITDA of $148.4 million, or 8.5% of salesRevenues of $1,746.6 million, a 12% increase from second quarter 2017Free cash flow generation allowed for a $70 million reduction in debt
We were able... More
