- Headquarters: Portland, Oregon
- Revenue: 1.352 billion USD (2016)
- Number of employees: 2,818 (September 30, 2016)
- schnitzersteel.com
** charts after earnings **
- Schnitzer Steel posts 2Q profit
PORTLAND, Ore. (AP) _ Schnitzer Steel Industries Inc. (SCHN) on Thursday reported fiscal second-quarter net income of $41 million.
On a per-share basis, the Portland, Oregon-based company said it had profit of $1.42. Earnings, adjusted for pretax gains and to account for discontinued operations, came to 90 cents per share.
The recycler of ferrous and nonferrous scrap metal posted revenue of $559.4 million in the period.
Schnitzer Steel shares have decreased slightly more than 2 percent since the beginning of the year. The stock has increased 56 percent in the last 12 months.
No comments:
Post a Comment