Steel Dynamics (STLD) Tops Q2 EPS by 68c
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Steel Dynamics Reports Record Second Quarter 2022 Results
July 20, 2022 4:30 PM EDTFORT WAYNE, Ind., July 20, 2022 /PRNewswire/ --
Second Quarter 2022 Performance Highlights:
Record steel shipments of 3.1 million tonsRecord net sales of $6.2 billionRecord operating income of $1.6 billion and net income of $1.2 billionRecord steel fabrication operating income of $599 million and record shipments of 218,000 tonsRecord cash flow from operations of $1.0 billion and record adjusted EBITDA of $1.7 billionRepurchased $517 million of the company's common stock, representing 3.5 percent of its outstanding sharesSteel Dynamics, Inc. (NASDAQ/GS:... More
