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Metallus Inc. reported a quarterly loss, missing expectations and dropping its stock price by $0.14.
Metallus Inc., a specialty steel manufacturer, reported a quarterly loss of $0.08 per share, missing analyst expectations by $0.14.
The company's stock price declined by $0.14 to $15.79 on Thursday.
Despite a 6% quarterly sales increase to $240.5 million, Metallus saw a net loss of $21.4 million, down from a profit of $1.3 million last year.
Metallus anticipates improved market conditions in 2025.
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Metallus Inc. informó de una pérdida trimestral, falta de expectativas y la caída de su precio de acciones en $0,14.