Olympic Steel (ZEUS) Tops Q3 EPS by 36c, Revenues Beat

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Go back to Olympic Steel (ZEUS) Tops Q3 EPS by 36c, Revenues Beat

Olympic Steel Reports Record Third Quarter and Nine Month Net Sales

November 8, 2018 6:00 AM EST

Third-Quarter Net Income Surges Five-Fold Over Third Quarter 2017, and by 137% for Nine-Month Period

Board Declares Regular Quarterly Cash Dividend

CLEVELAND--(BUSINESS WIRE)-- Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced significantly improved financial results for the third quarter and nine-month period ended Sept. 30, 2018.

Third-quarter 2018 net sales increased 38%, to $457 million, which is the highest quarterly sales posted in the Companys history. This is up from $331 million in net sales during the third quarter of 2017. Year-to-date net sales grew 26% over the prior... More