Ferroglobe (GSM) Misses Q3 EPS by 10c, Misses on Revenue

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Go back to Ferroglobe (GSM) Misses Q3 EPS by 10c, Misses on Revenue

Ferroglobe Reports Strong Third Quarter 2024 Financial Results

November 6, 2024 5:00 PM EST

Maintaining Adj. EBITDA guidance of $150-170 million

Recorded improved adjusted EBITDA of $60 million for the third quarter of 2024Positive net cash position of $32 million and adjusted gross debt of $89 millionU.S. Department of Commerce announced duties on Russian, Brazilian, Kazakhstan and Malaysian FeSi importsPaid quarterly cash dividend of $0.013 per share in September; next dividend of $0.013 per share on December 27Repurchased shares during the third quarter and implemented a 10b5-1... More