Olympic Steel (ZEUS) Tops Q2 EPS by 9c

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Go back to Olympic Steel (ZEUS) Tops Q2 EPS by 9c

Olympic Steel Reports Second-Quarter 2023 Results

August 3, 2023 4:30 PM EDT

Company performance continues to reflect the benefits of its diversification strategy and investments in enhanced capabilities

Carbon segment delivers strong profitability, while Tubular and Pipe Products segment further capitalizes on growing demand for value-added offerings

CLEVELAND--(BUSINESS WIRE)-- Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended June 30, 2023.

Net income for the second quarter totaled $15.0 million, or $1.30 per diluted share, compared with net income of $37.6 million, or $3.26 per diluted share,... More