PORTLAND (AP) — Schnitzer Steel Industries Inc. (RDUS) on Wednesday reported a loss of $25.8 million in its fiscal fourth quarter.
On a per-share basis, the Portland, Oregon-based company said it had a loss of 92 cents. Earnings, adjusted for one-time gains and costs, came to 47 cents per share.
The recycler of ferrous and nonferrous scrap metal posted revenue of $717.9 million in the period.
For the year, the company reported a loss of $25.8 million, or 92 cents per share. Revenue was reported as $2.88 billion.
