Friedman industries reports q4 loss per share of $0.43

Friedman industries, incorporated announces share repurchase program and fourth quarter and fiscal year 2020 results.q4 loss per share $0.43.friedman industries - may repurchase up to 1.1 million shares of co's outstanding common stock through june 30, 2023.friedman industries - experienced significant volatility in steel price during both fiscal 2020 & fiscal 2019.friedman industries - coil segment experienced significant drop in demand for april 2020 but a rapid improvement for may 2020 & june 2020.friedman industries - expects to report a net loss for quarter ended june 30, 2020 due primarily to demand deterioration associated with covid-19.
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