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Article: A. M. Castle & Co. Reports 2009 Third Quarter Results.(Financial report)
- Article from:
- Economics Week
- Article date:
- November 13, 2009
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A. M. Castle & Co. (NYSE:CAS), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, reported financial results for the third quarter ended September 30, 2009.
Consolidated net sales were $184.0 million for the three months ended September 30, 2009, compared to $388.9 million in the third quarter of 2008 reflecting continued weakness in demand as a result of the global recession. The Company reported a net loss for the quarter of $6.3 million, or $0.28 loss per diluted share as compared to net income of $11.5 million, or $0.50 income per diluted share in the prior year quarter.
The Company's ...