Ferroglobe (GSM) Misses Q3 EPS by 15c, Revenues Miss

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Ferroglobe Reports Results for Third Quarter of 2018

November 26, 2018 4:32 PM EST

Q3 sales of $526.8 million, compared to $583.0 million in Q2 2018 and $451.6 million in Q3 2017Q3 net loss of $2.9 million compared to a net profit of $66.0 million in Q2 2018 and a net loss of $5.0 million in Q3 2017Q3 adjusted net income attributable to parent of $0.1 million compared to $25.7 million in Q2 2018 and $9.2 million in Q3 2017Q3 adjusted EBITDA of $45.0 million compared to $86.3 million in Q2 2018 and $56.1 million in Q3 2017YTD sales of $1.67 billion compared to $1.27 billion in the prior year periodYTD net income of $98.7 million compared to a net loss of $12.1 million... More