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02.20.19 TimkenSteel Announces Fourth-Quarter, Full-Year 2018 Results; Exceeds Guidance for Quarter
- Fourth-quarter net sales increased 19 percent year over year with improved product mix, higher prices and increased volume
- Company positioned to deliver earnings growth in 2019 TimkenSteel (NYSE: TMST, timkensteel.com ), a leader in customized alloy steel products and services, today reported fourth-quarter 2018 net sales of $406 million and a net loss of $40 million or minus $0.89 per diluted share. In the same quarter last year, net sales were $341 million with a net loss of $34 million or minus $0.76 per diluted share. Adjusted EBITDA (1) for fourth-quarter 2018 was $26.7 million, an increase of $19 million over the same quarter last year. For full-year 2018, net sales were $1.6 billion with a net loss of  $32 million. In comparison, full-year 2017 net sales were $1.3 billion with a net loss of $44 million. Adjusted EBITDA (1) for full-year 2018 was $105 million, compared with $69 million in the prior year.  The year-over-year increase in adjusted EBITDA was driven...
01.07.19 TimkenSteel to Announce Fourth-Quarter, Full-Year 2018 Financial Results on February 20
TimkenSteel Corp. (NYSE: TMST, timkensteel.com ) will release its 2018 fourth-quarter and full-year financial results on Wednesday, Feb. 20, after the market closes on the New York Stock Exchange. The company will host a conference call at 9 a.m. ET on Thursday, Feb. 21 to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at investors.timkensteel.com . TimkenSteel Earnings Call Information: Conference Call Thursday, Feb. 21, 2019 9 a.m. ET Toll-free dial-in: 833-238-7951 International dial-in: 647-689-4199 Conference ID: 3783677 Conference Call Replay Replay dial-in available through Feb. 28, 2019 800-585-8367 or 416-621-4642 Replay passcode: 3783677
About TimkenSteel Corporation TimkenSteel (NYSE: TMST, timkensteel.com ) creates tailored steel products and services for demanding applications, helping customers push the bounds of what's possible within their industries. The...