|
|
Article: Schnitzer Steel Reports Fourth Quarter Net Income.
- Article from:
- Economics Week
- Article date:
- November 13, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) reported revenues of $556 million and net income of $10 million, or $0.36 per diluted share, for the fiscal fourth quarter ended August 31, 2009. During the quarter the Company generated $46 million in cash from operations, bringing the total cash from operations for the fiscal year to $288 million.
Fourth
Fourth
Third
Fiscal
Fiscal (in millions, except per- Quarter
Quarter