Cmc reports first quarter fiscal 2025 results

First quarter net loss of ($175.7) million, or ($1.54) per diluted share including approximately $265.0 million litigation expense, net of estimated tax; adjusted earnings of $88.5 million, or $0.78 per diluted share consolidated core ebitda of $210.7 million in the first quarter; core ebitda margin of 11.0% late season construction activity drove year-over-year and sequential growth in north america finished steel shipment volumes; margins pressured by declines in average steel and downstream product pricing  north america downstream backlog volumes stable on a year-over-year basis; pipeline of potential future projects remains strong continued disciplined execution of strategic growth plan, including organic growth investments and operational and commercial excellence program ("tag"), which are expected to provide financial benefits in fiscal 2025 generated $213.0 million of cash flow from operating activities in the first quarter, equal to 101% of consolidated core ebitda; returned $71.0 million in cash to shareholders through dividends and share buybacks  irving, texas , jan. 6, 2025 /prnewswire/ -- commercial metals company (nyse: cmc) today announced financial results for its fiscal first quarter ended november 30, 2024. first quarter net loss was ($175.7) million, or ($1.54) per diluted share, on net sales of $1.9 billion, compared to prior year period net earnings of $176.3 million, or $1.49 per diluted share, on net sales of $2.0 billion.
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