Radius Recycling's Q1 Revenue Falls Short, Declines in Ferrous Sales Weigh on Results
Radius Recycling's Q1 Revenue Falls Short, Declines in Ferrous Sales Weigh on Results
Nonferrous prices rose 12%, offsetting a 5% decline in ferrous prices due to soft global markets and high Chinese steel exports.Radius Recycling, Inc. (NASDAQ:RDUS) shares are trading lower on Wednesday. On Tuesday, the company reported first-quarter revenue of $656.54 million, missing the consensus of $665.6 million.
Radius Recycling, Inc. (納斯達克:RDUS)的股票在週三交易下跌。週二，該公司報告第一季度營業收入爲$65654萬，低於市場共識的$66560萬。
Ferrous sales volumes (LT, in thousands) decreased to 1,106 from 1,152 a year ago; adjusted EBITDA per ferrous ton sold ($/LT) was nil compared to $1 in the prior year quarter.
合金銷售量（LT，以千計）從去年同期的1,152減少到1,106；每噸鐵合金銷售調整後的EBITDA（$/LT）爲零，而去年同期爲$1。
Average net ferrous sales prices ($/LT) fell to $338 from $354 last year. Finished steel average net sales price ($/ST) came in at $775 (vs. 831 a year ago), and sales volumes (ST, in thousands) of 125 (vs. 129 in the comparable period).
平均淨鐵合金銷售價格（$/LT）從去年的$354降至$338。成品鋼鐵的平均淨銷售價格（$/ST）爲$775（相比於去年的$831），銷售量（ST，以千計）爲125（相比於上年同期的129）。
Nonferrous prices rose 12%, offsetting a 5% decline in ferrous prices due to soft global markets and high Chinese steel exports.
由於全球市場疲軟和中國鋼鐵出口高，非鐵合金價格上漲了12%，抵消了鐵合金價格下降5%的影響。
Finished steel contribution fell due to weaker domestic conditions and a drop in prices. Lower mill utilization in the first quarter, from scheduled maintenance, also impacted results.
由於國內市場疲軟和價格下跌，成品鋼鐵的貢獻下降。第一季度的低產能利用率，以及計劃中的維護也對結果產生了影響。
Gross margin declined to $33 million from $39 million a year ago, and adjusted EBITDA was nil, compared to $1 million a year ago.
毛利率從去年同期的$3900萬降至$3300萬，調整後的EBITDA爲零，而去年同期爲$100萬。
Adjusted loss per share was $1.33 compared to a loss of $0.64 prior year, also missing the consensus loss of $0.10.
每股調整後虧損爲$1.33，而去年同期虧損爲$0.64，且未達到市場共識虧損$0.10。
The company witnessed strong stronger recycled metals contribution driven by productivity gains and higher nonferrous demand.
該公司目睹了由於生產力提升和非鐵合金需求增加而推動的更強回收金屬的貢獻。
The company's operating cash flow was nearly break-even in the first quarter of fiscal 2025. Total debt stood at $445 million at the end of the quarter, and debt, net of cash, was $430 million.
公司的運營現金流在2025財年第一季度幾乎持平。季度末總債務爲44500萬美元，現金淨債務爲43000萬美元。
Dividend: The Board of Directors declared a cash dividend of $0.1875 per common share, payable on February 18, 2025, to shareholders of record as of February 3, 2025.
分紅：董事會宣佈每股普通股現金分紅爲0.1875美元，支付日期爲2025年2月18日，截止於2025年2月3日的股東將有資格領取。
Tamara Lundgren, Chairman and Chief Executive Officer, said, "We expect inventory rebuilding and seasonality will drive improved demand in the second half of our fiscal year."
塔瑪拉·倫德格倫，董事長兼首席執行官，表示："我們預計庫存重建和季節性因素將在我們財年的下半年推動需求改善。"
"In the longer-term, the demand for recycled metals remains positive, underpinned by increased investments in infrastructure, including for energy projects, industrial reshoring, continued growth in U.S. electric arc furnace steelmaking capacity, and the transition to low-carbon technologies."
從長遠來看，廢金屬的需求依然積極，這得益於對基礎設施的投資增加，包括能源項目、工業重新外包、美國電弧爐鋼鐵生產能力的持續增長，以及向低碳技術的過渡。
Price Action: RDUS shares are trading lower by 25.8% at $10.96 at the last check Wednesday.
價格動態：截至週三最後檢查，RDUS股票下跌25.8%，報10.96美元。
Read Next:
下一步閱讀：
- Bitcoin Slides 5%, Touches $95,000 Mark: Why Is BTC Going Down?
- 比特幣下跌5%，觸及$95,000大關：爲什麼BTC在下跌？
Image via Shutterstock.
圖片由Shutterstock提供。
