Olympic Steel (ZEUS) Misses Q4 EPS by 2c, Revenues Miss
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Olympic Steel Reports Fourth-Quarter and Full-Year 2019 Results
February 21, 2020 6:30 AM ESTStrong cash flow during the year enabled company to invest in the business, execute on acquisition strategy and reduce debt by over $100 million
CLEVELAND--(BUSINESS WIRE)-- Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three and 12 months ended December 31, 2019.
Fourth-Quarter Results
The net loss for the quarter totaled $890,000, or $0.08 per diluted share, compared to a net loss of $1.3 million, or $0.11 per diluted share, in the fourth quarter of 2018. The results include $2.4 million of LIFO... More
