Cmc reports first quarter fiscal 2024 results

First  quarter net earnings of $176.3 million, or $1.49 per diluted share consolidated core ebitda of $325.3 million; core ebitda margin of 16.2% generated cash flow from operating activities of $261.1 million and free cash flow of $194.1 million continued healthy demand levels for north america steel group as finished steel volumes increased by 1.1% on a year-over-year basis continued progress on strategic growth initiatives: arizona 2 production increasing steadily and construction well underway at future steel west virginia site segment reporting realigned to reflect the manner in which the business is managed and support strategic priorities and execution irving, texas , jan. 8, 2024 /prnewswire/ -- commercial metals company (nyse: cmc) today announced financial results for its fiscal first quarter ended november 30, 2023. net earnings were $176.3 million, or $1.49 per diluted share, on net sales of $2.0 billion, compared to prior year period net earnings of $261.8 million, or $2.20 per diluted share, on net sales of $2.2 billion.
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