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Commercial Metals Reports $175.7 Million Quarterly Loss

By USinMinutes - Jan 06, 2025, 07:45 AM ET
Last Updated - Jan 06, 2025, 07:46 AM EST
Commercial Metals Reports $175.7 Million Quarterly Loss

The company records $1.9 billion revenue for Q1 ended Nov 30, 2024

COMMERCIAL METALS Co [CMC] reported $175.7 million loss   for Q1 ended Nov 30, 2024, showing an increase of $279.6 million.

The company revealed in its 8-K filing to the SEC dated Jan 6, 2025 that it generated revenue of $1.9 billion   for the period, showing an increase of $86.5 million from the last quarter.

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Based in Irving, Texas, the company reported $1.5   earnings per share for the period, compared to $0.9 in the last quarter.

The company's loss increased by 269.05% from $103.9 million in the last quarter.

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