Cleveland-cliffs reports first-quarter 2021 results and increases guidance for full-year 2021 adjusted ebitda to $4 billion

Cleveland--(business wire)--cleveland-cliffs inc. (nyse: clf) today reported first-quarter results for the period ended march 31, 2021. first-quarter 2021 consolidated revenues were $4.0 billion, compared to the prior-year first-quarter revenues of $359 million. for the first quarter of 2021, the company recorded net income of $41 million, or $0.07 per diluted share. this included the following charges totaling $160 million, or $0.28 per diluted share: charges of $81 million, or $0.14 per dilut
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