U.S. Steel (X) Tops Q1 EPS by 15c, Revenues Miss
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United States Steel Corporation Reports First Quarter 2020 Results
April 30, 2020 4:16 PM EDTNet loss of $391 million, or $2.30 per diluted shareAdjusted net loss of $123 million, or $0.73 per diluted shareAdjusted EBITDA of $64 millionLiquidity of $1.82 billion, including cash of $1.35 billion
PITTSBURGH, April 30, 2020 (GLOBE NEWSWIRE) -- United States Steel Corporation (NYSE: X) reported first quarter 2020 net loss of $391 million, or $2.30 per diluted share. Adjusted net loss was $123 million, or $0.73 per diluted share. This compares to first quarter 2019 net earnings of $54 million, or $0.31 per diluted share. Adjusted net earnings for first quarter 2019 were $81 million, or $0.47 per diluted share.
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