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TimkenSteel in the News

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, ), 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, ) 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 . 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, ) creates tailored steel products and services for demanding applications, helping customers push the bounds of what's possible within their industries. The...
12.06.18 TimkenSteel Charitable Fund Awards $145,000 in New Scholarships to Employees' Children
The TimkenSteel Charitable Fund has awarded seven new TimkenSteel scholars with $145,000 in scholarship funds. The high school seniors, all children of TimkenSteel Corporation employees, will use the funds for the academic pursuit of their choice at any accredited university. They participated in a competitive application process which was open to employees' children around the world and based upon academic and extracurricular achievement. "We have some of the most knowledgeable people in the industry working at TimkenSteel, and many have smart kids with tremendous potential. TimkenSteel scholarships fuel their dreams and, for the top award winners, may even open new educational possibilities," said Elaine Russell Reolfi, executive vice president at TimkenSteel and president of the company's charitable fund. She and other company leaders travelled to the winners' high schools to present the scholarships.  "These four young women and three young men who make up the 2018 class of...