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Ryerson Holding Corporation Exceeds Q3 Revenue and Adjusted EBITDA Guidance

The Motley Fool +1 · ·by G4L

RYZ
RYZ Ryerson Holding Corp
$30.10 +1.07%
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  1. 1Ryerson Holding Corporation recorded net revenue of $2.2 billion for the third quarter.
  2. 2Ryerson Holding Corporation achieved its first-year merger synergy goals ahead of schedule, reaching $52 million in annual merger synergies.
  3. 3CFO Jim Claussen announced Q4 revenue guidance between $1.96 billion and $2.04 billion.

So what's the key point?

Ryerson Holding Corporation generated $2.2 billion in revenue during the third quarter. The company achieved merger synergies faster than expected and set a high revenue forecast for the next quarter.

Source The Motley Fool +1 · View original ↗

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