Metallus reported fourth-quarter 2024 net sales of $240.5 million and a net loss of $21.4 million, or $0.50 per diluted share. On an adjusted basis, the net loss was $3.3 million, or $0.08 per diluted share, with adjusted EBITDA of $8.3 million. This represents a sequential improvement in net sales and adjusted EBITDA compared to the third quarter of 2024, but a decline from the fourth quarter of 2023.
Net sales for Q4 2024 were $240.5 million, a 6% increase sequentially but a 27% decrease compared to Q4 2023.
The company reported a net loss of $21.4 million for Q4 2024, with an adjusted EBITDA of $8.3 million.
Operating cash flow was $13.9 million in Q4 2024, contributing to a full-year operating cash flow of $40.3 million.
Total liquidity stood at $458.6 million at the end of 2024, with cash and cash equivalents at $240.7 million.
Metallus expects first-quarter 2025 adjusted EBITDA to be higher than the fourth quarter of 2024, driven by stronger customer order patterns and improved melt utilization.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance