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TimkenSteel: Q1 Earnings Snapshot

TimkenSteel: Q1 Earnings Snapshot

By AP News
Published - May 04, 2023, 06:09 PM ET
Last Updated - Jun 21, 2023, 10:35 PM EDT

CANTON, Ohio (AP) — CANTON, Ohio (AP) — TimkenSteel Corp. (TMST) on Thursday reported profit of $14.4 million in its first quarter.

On a per-share basis, the Canton, Ohio-based company said it had net income of 30 cents. Earnings, adjusted for one-time gains and costs, were 44 cents per share.

The maker of steel large bars and seamless mechanical tubing posted revenue of $323.5 million in the period.

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