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Ascent Industries Sets First Quarter 2025 Earnings Conference Call for May 12, 2025, at 5:00 p.m. ET
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Monday, May 12, 2025, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2025. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed by...
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Ingersoll Rand Reports First Quarter 2025 Results
DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, reported strong first quarter 2025 orders, revenues, and free cash flow. “Our positive organic orders growth, solid book-to-bill, and record first quarter free cash flow are encouraging signs as we start off the year,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “We recognize the dynamic nature of the cur...
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Olympic Steel Reports First-Quarter 2025 Results
CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended March 31, 2025. Net income for the first quarter totaled $2.5 million, or $0.21 per diluted share, compared with net income of $8.7 million, or $0.75 per diluted share, in the first quarter of 2024. There was no LIFO income or expense in the first quarter of 2025, compared with $0.4 million of LIFO expense in the first quarter of...
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United States Steel Corporation Reports First Quarter 2025 Results
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) reported first quarter 2025 net loss of $116 million, or $0.52 per diluted share. Adjusted net loss was $87 million, or $0.39 per diluted share. This compares to first quarter 2024 net earnings of $171 million, or $0.68 per diluted share. Adjusted net earnings for the first quarter 2024 was $206 million, or $0.82 per diluted share. Commenting on the Company’s first quarter performance, U. S. Steel President and Chief Executi...
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Astro Shapes Acquires Star Extruded Shapes
ROSEMONT, Ill.--(BUSINESS WIRE)--Astro Shapes, LLC (“Astro Shapes”), a leading manufacturer of custom aluminum extrusions and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, today announced the acquisition of Star Extruded Shapes, LLC and Star Fab, LLC (collectively, “Star” or the “Company”). Founded in 1983 and headquartered in Canfield, Ohio, Star is a manufacturer of aluminum extrusions with value-added capabilities in fabrication and powder coating. Star serves diverse end mark...
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Alcoa President and Chief Executive Officer William Oplinger to Participate in BofA Securities 2025 Global Metals, Mining & Steel Conference
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation President and Chief Executive Officer William F. Oplinger will participate in a live webcast session at the Bank of America Global Metals, Mining & Steel Conference in Barcelona, Spain, on Wednesday, May 14, 2025. At 5:15 a.m. EDT (11:15 a.m. CEST), Oplinger will participate in a question-and-answer session regarding Alcoa’s business and outlook in the current market, including factors that could affect the present quarter’s financial results....
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Distribution Solutions Group Announces 2025 First Quarter Results
FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the first quarter ended March 31, 2025. This press release is supplemented by an earnings presentation at https://investor.distributionsolutionsgroup.com/news/events. The following represents a summary of certain operating results (unaudited). See the reconciliations of GAAP to non-GAAP measures in Table...
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Oil States Announces First Quarter 2025 Results
HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE: OIS): Three Months Ended % Change (Unaudited, In Thousands, Except Per Share Amounts) March 31, 2025 December 31, 2024 March 31, 2024 Sequential Year-over-Year Consolidated results: Revenues $ 159,938 $ 164,595 $ 167,262 (3)% (4)% Operating income (loss)(2) 5,639 18,484 (11,177 ) (69)% n.m. Net income (loss) 3,158 15,164 (13,374 ) (79)% n.m. Adjusted ne...
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Materion Corporation Reports First Quarter 2025 Financial Results
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) today reported first quarter 2025 financial results and provided an update to the full year outlook. Financial Summary Net sales were $420.3 million; value-added sales1 were $259.3 million Net income of $17.7 million, or $0.85 per share, diluted, versus net income of $13.4 million, or $0.64 per share, in the prior year quarter; adjusted earnings of $1.13 per share versus $0.96 in the prior year quarter Operating profit o...
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Applied Industrial Technologies Reports Fiscal 2025 Third Quarter Results; Announces Bolt-on Automation Acquisition & New Repurchase Authorization
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today reported results for its fiscal 2025 third quarter ended March 31, 2025. Net sales for the quarter of $1.2 billion increased 1.8% over the prior year. The change includes a 6.6% increase from acquisitions, partially offset by a negative 0.8% sel...