Ferroglobe (GSM) Tops Q1 EPS by 1c
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Ferroglobe Reports First Quarter 2023 Financial Results
May 9, 2023 5:00 PM EDTLONDON, May 09, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (Ferroglobe, the Company, or the Parent), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announced financial results for the first quarter 2023.
FINANCIAL HIGHLIGHTS
Q1 2023 revenue of $400.9 million, down 11% over the prior quarterQ1 2023 adjusted EBITDA of $44.8 million, down 66% over the prior quarterQ1 2023 adjusted EBITDA margins were down at 11.2% versus 29.1% in the prior quarter and... More