Steel Dynamics (STLD) Tops Q1 EPS by 37c
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Steel Dynamics Reports First Quarter 2023 Results
April 19, 2023 4:30 PM EDTFORT WAYNE, Ind., April 19, 2023 /PRNewswire/ --
First Quarter 2023 Performance Highlights:
Record steel shipments of 3.3 million tonsNet sales of $4.9 billion, operating income of $835 million, and adjusted EBITDA of $950 millionStrong cash flow from operations of $734 millionShare repurchases of $354 million of the company's common stock, representing 1.7 percent of its outstanding sharesFirst quarter 2023 cash dividend increase of 25... More