Radius recycling reports first quarter fiscal 2024 financial results

Portland, ore.--(business wire)--schnitzer steel industries, inc. dba radius recycling (nasdaq: rdus) today reported results for the first quarter of fiscal 2024 ended november 30, 2023. the company reported a loss per share from continuing operations of $(0.64) and a net loss of $(18) million. adjusted loss per share from continuing operations was $(0.64) and adjusted ebitda was $1 million. operating performance in the first quarter reflected sequentially tighter supply flows for recycled meta.
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