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Worthington Steel reports $10 million loss for fiscal Q1

Associated Press +1 ·

WS
WS Worthington Steel Inc
$35.56 -6.89%
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  1. 1Worthington Steel's loss for fiscal Q1 was $10 million.
  2. 2Worthington Steel's loss per share for fiscal Q1 was 20 cents.
  3. 3Worthington Steel's revenue for the period was $2.73 billion.

So what's the key point?

Worthington Steel lost $10 million this quarter. This means that while revenue reached $2.73 billion, the company did not make a profit.

Source Associated Press +1 · View original ↗

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