Olympic Steel (ZEUS) Tops Q2 EPS by 23c

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Olympic Steel Reports Record Quarterly and First-Half Net Sales

August 2, 2018 5:55 AM EDT

Second-Quarter 2018 Net Income More than Triples, on 27% Higher Sales

Board Declares Regular Quarterly Cash Dividend

CLEVELAND--(BUSINESS WIRE)-- Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced significantly improved financial results for the three- and six-month periods ended June 30, 2018.

Net sales increased 27% in 2018s second quarter, to $453 million, which is the highest quarterly sales level posted in the Companys history. This compared with $356 million in net sales during the same quarter of 2017. Year-to-date net sales rose 20% over the same... More