Commercial metals company reports third quarter fiscal 2023 results

Third quarter net earnings of $234.0 million, or $1.98 per diluted share, increased 30% from the previous quarter core ebitda of $391.7 million increased 29% sequentially north america segment adjusted ebitda grew sequentially and year-over-year, driven by strong business activity and ongoing cost improvement north america new project bid volumes increased by a double-digit percentage vs. prior year, signaling continued strength in construction pipeline volume and value of north america downstream backlog remained near all-time highs operational startup of arizona 2 micro mill underway irving, texas , june 22, 2023 /prnewswire/ -- commercial metals company (nyse: cmc) today announced financial results for its fiscal third quarter ended may 31, 2023.
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