Olympic Steel (ZEUS) Tops Q2 EPS by 2c, Revenues Miss
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Olympic Steel Reports Second-Quarter 2020 Results
August 6, 2020 6:30 AM EDTCompany is benefiting from decisive actions to tightly manage expenses, inventory and liquidity while retaining flexibility to respond to fluctuations in demand
CLEVELAND--(BUSINESS WIRE)-- Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three and six months ended June 30, 2020.
Net loss for the second quarter totaled $6.5 million, or $0.56 per diluted share, compared with net income of $2.1 million, or $0.18 per diluted share, in the second quarter of 2019. The results include $0.5 million of LIFO pre-tax income and $3.6 million of... More
