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Steel Dynamics Reports Record Second Quarter 2021 Results

Steel Dynamics Reports Record Second Quarter 2021 Results
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Steel Dynamics Inc (STLD) Q1 2021 Earnings Call Transcript

Steel Dynamics Inc (STLD) Q1 2021 Earnings Call Transcript
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Steel Dynamics Inc (NASDAQ: STLD)
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Operator
Good day and welcome to the Steel Dynamics First Quarter 2021 Earnings Conference Call. [Operator Instructions]
At this time, I would like to turn the conference over to Tricia Meyers, Investor Relations Manager. Please go ahead.SPONSORED:
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Steel Dynamics Reports Record First Quarter 2021 Results

Steel Dynamics Reports Record First Quarter 2021 Results
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First Quarter 2021 Performance Highlights:
Near-record steel shipments of 2.8 million tons and record steel fabrication shipments of 184,000 tons
Record net sales of $3.5 billion
Record operating income of $594 million and record net income of $431 million
Strong cash flow from operations of $262 million and record adjusted EBITDA of $664 million
Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced first quarter 2021 financial results. The company reported first quarter 2021 net sales of $3.5 billion and net income of $431 million, or $2.03 per diluted share. Excluding the impact from the following item, the company s first quarter 2021 adjusted net income was $445 million, or $2.10 per diluted share. ....

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Steel Dynamics Reports Record First Quarter 2021 Results

Steel Dynamics Reports Record First Quarter 2021 Results
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Steel Dynamics Reports Fourth Quarter and Annual 2020 Results

Steel Dynamics Reports Fourth Quarter and Annual 2020 Results
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Annual 2020 Performance Highlights:
Net sales of $9.6 billion
Operating income of $847 million and net income of $551 million, representing the company s fourth best year
Cash flow from operations of $987 million and adjusted EBITDA of $1.2 billion
Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced fourth quarter and annual 2020 financial results. The company reported fourth quarter 2020 net sales of $2.6 billion and net income of $188 million, or $0.89 per diluted share. Excluding the impact from the following items, the company s fourth quarter adjusted net income was $205 million, or $0.97 per diluted share:
Additional financing costs of $11 million, or $0.04 per diluted share, related to the company s October 2020 refinancing activities, ....

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