TimkenSteel: Q4 Earnings Snapshot
By AP News
Published - Feb 23, 2023, 05:54 PM ET
Last Updated - Jun 22, 2023, 07:47 PM EDT
CANTON, Ohio (AP) — CANTON, Ohio (AP) — TimkenSteel Corp. (TMST) on Thursday reported a loss of $33.2 million in its fourth quarter.
On a per-share basis, the Canton, Ohio-based company said it had a loss of 75 cents. Losses, adjusted for non-recurring costs, were 10 cents per share.
The maker of steel large bars and seamless mechanical tubing posted revenue of $245.4 million in the period.
For the year, the company reported profit of $65.1 million, or $1.30 per share. Revenue was reported as $1.33 billion.
