Schnitzer Steel: Fiscal Q1 Earnings Snapshot

January 5, 2023 GMT

PORTLAND, Ore. (AP) _ Schnitzer Steel Industries Inc. (SCHN) on Thursday reported a loss of $17.8 million in its fiscal first quarter.

On a per-share basis, the Portland, Oregon-based company said it had a loss of 64 cents. Losses, adjusted for one-time gains and costs, were 44 cents per share.

The recycler of ferrous and nonferrous scrap metal posted revenue of $598.7 million in the period.


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