Commercial metals company reports second quarter fiscal 2023 results

Second quarter net earnings of $179.8 million, or $1.51 per diluted share core ebitda of $302.8 million volume and value of north america downstream backlog near all-time highs project bid volumes grew by a double-digit percentage year-over-year , signaling strength in upcoming construction season arizona 2 project start-up on target; expected to begin production in the spring of 2023 irving, texas , march 23, 2023 /prnewswire/ -- commercial metals company (nyse: cmc) today announced financial results for its fiscal second quarter ended february 28, 2023.  net earnings were $179.8 million, or $1.51 per diluted share, on net sales of $2.0 billion, compared to prior year period net earnings of $383.3 million, or $3.12 per diluted share, on net sales of $2.0 billion.
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