TimkenSteel (TMST) Tops Q4 EPS by 20c, Revenues Miss

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TimkenSteel Announces Fourth-Quarter and Full-Year 2020 Results

February 25, 2021 4:20 PM EST

CANTON, Ohio, Feb. 25, 2021 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in customized alloy steel products and services, today reported fourth-quarter 2020 net sales of $211.2 million and a net loss of $12.8 million. In the same quarter last year, net sales were $226.9 million with net loss of $84.6 million. Adjusted EBITDA(2) for the fourth quarter of 2020 was $20.7 million compared with an adjusted EBITDA(2) loss of $8.7 million in the same quarter last year.

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