Cleveland-cliffs reports first-quarter 2022 results

Cleveland--(business wire)--cleveland-cliffs inc. (nyse: clf) today reported first-quarter results for the period ended march 31, 2022. first-quarter 2022 consolidated revenues were $6.0 billion, compared to the prior-year first-quarter revenues of $4.0 billion. for the first quarter of 2022, the company recorded net income of $801 million, or $1.50 per diluted share. this included the following one-time non-cash charges totaling $111 million, or $0.21 per diluted share: charges of $68 million,
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