Ferroglobe (GSM) Misses Q2 EPS by 5c

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Go back to Ferroglobe (GSM) Misses Q2 EPS by 5c

Ferroglobe Reports Results for Second Quarter of 2018

August 21, 2018 4:27 PM EDT

Sales of $583 Million; Net Profit of $66 Million, Adjusted EBITDA of $86 Million

Sales of $583.0 million, an increase of 4.0% from $560.7 million in Q1 2018Net profit of $66.0 million, or $0.39 on a fully diluted per share basis, a 85.4% increase from a net profit of $35.6 million, or  $0.21 per share, in the prior quarter. Adjusted net profit of $25.7 million, or $0.14 on a fully diluted per share basis, a 22.9% decrease compared to adjusted net profit of $33.3 million, or $0.19 on a fully diluted per share basis, in the prior quarterReported EBITDA of $130.9 million, an... More