Olympic Steel (ZEUS) Tops Q2 EPS by 70c

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Go back to Olympic Steel (ZEUS) Tops Q2 EPS by 70c

Olympic Steel Reports Record Second-Quarter 2021 Results

August 5, 2021 4:30 PM EDT

Company reports record sales and the most profitable quarter in its history

Strong balance sheet positions Olympic Steel for additional investments in higher-return growth opportunities

CLEVELAND--(BUSINESS WIRE)-- Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced record financial results for the three months ended June 30, 2021. Net income for the second quarter totaled $29.6 million, or $2.58 per diluted share, compared with a net loss of $6.5 million, or $0.56 per diluted share, in the second quarter of 2020. The results include $4.0... More