TimkenSteel (TMST) Tops Q2 EPS by 2c

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Go back to TimkenSteel (TMST) Tops Q2 EPS by 2c

TimkenSteel Announces Second-Quarter 2016 Results

July 27, 2016 4:20 PM EDT

CANTON, Ohio, July 27, 2016 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported second-quarter net sales of $223.1 million and a net loss of $10.5 million or minus 24 cents per share.  This compares with a net loss of $24.3 million or minus 54 cents per share in the same quarter last year. 

EBITDA for the quarter was $4.0 million, a sequential improvement of $5.6 million and in line with... More