Steel Dynamics (STLD) Tops Q2 EPS by 68c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
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
