TimkenSteel Announces First Quarter 2018 Results

TimkenSteel (NYSE: TMST), a leader in customized alloy steel products and services, reported first-quarter net sales of $380.8 million, compared with net sales of $309.4 million in the same quarter last year and $341.4 million in the fourth quarter of 2017. The company reported a net loss of $1.9 million or minus $0.04 per share for the first quarter of 2018, compared with a net loss of $5.3 million or minus $0.12 per share in the same quarter last year, and a net loss of $33.9 million or minus $0.76 per share in the fourth quarter of 2017.

Read more at TimkenSteel Announces First-Quarter 2018 Results; Expects Continued Improvement in Second Quarter.

 

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