Metallus Q4 net loss $21.4 million on $240.5 million sales, down 27% from a year ago
Metallus reported a fourth-quarter 2024 net loss of $21.4 million, or $0.50 per diluted share, compared with net income of $1.3 million, or $0.03 per share, a year earlier. Full-year 2024 net income fell to $1.3 million from $69.4 million, and the company expects first-quarter 2025 adjusted EBITDA to be higher than the fourth quarter of 2024.
Key points
- Q4 2024 net sales were $240.5 million, down 27% from $328.1 million in Q4 2023 but up 6% from $227.2 million in Q3 2024.
- Q4 2024 adjusted EBITDA was $8.3 million, compared with $35.7 million in Q4 2023.
- Full-year 2024 net sales were $1.1 billion, down 20% from 2023, and operating cash flow was $40.3 million.
- The company repurchased $37.6 million of common shares in 2024 and has $102.8 million remaining on its share repurchase program.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 27, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.