Radius Health (RDUS) Tops Q3 EPS by 12c

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Go back to Radius Health (RDUS) Tops Q3 EPS by 12c

Radius Recycling Reports Fourth Quarter and Fiscal 2023 Financial Results

October 25, 2023 8:00 AM EDT

Strong Operating Cash Flow of $135 Million in the Fourth Quarter

Radius Board Declares Quarterly Dividend

PORTLAND, Ore.--(BUSINESS WIRE)-- Schnitzer Steel Industries, Inc. dba Radius Recycling (NASDAQ: RDUS) today reported results for the fourth quarter of fiscal 2023 ended August 31, 2023.

The Company reported a net loss of $(26) million, or $(23) per ferrous ton, and a loss per share from continuing operations in the fourth quarter of $(0.92), all of which include non-cash goodwill and other asset impairment charges of $45 million, or $1.61 per share. Adjusted... More