Metallus: Overview of Fourth Quarter Financial Results

Metallus Inc. Reports Fourth Quarter Financial Results

Metallus Inc., headquartered in Canton, Ohio, announced on Thursday that it recorded a net loss of $14.3 million for the fourth quarter.

The company reported a per-share loss of 34 cents for the quarter. After accounting for non-recurring items, the adjusted loss was 18 cents per share.

During this period, Metallus, a producer of large steel bars and seamless mechanical tubing, generated $267.3 million in revenue.

Looking at the full year, Metallus posted a total loss of $1.2 million, translating to a loss of 3 cents per share, with annual revenue reaching $1.16 billion.