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Reliance(RS) - 2024 Q2 - Quarterly Results
RSReliance(RS)2024-07-25 10:55

EXHIBIT 99.1 Reliance, Inc. Reports Second Quarter 2024 Financial Results - Net sales of 3.64billionwithtonssoldup4.03.64 billion with tons sold up 4.0% from Q1 2024 - Gross profit margin of 29.8% - EPS of 4.67, non-GAAP EPS of 4.65Cashflowfromoperationsof4.65 - Cash flow from operations of 366.3 million - 519.3millionofsharerepurchasesinQ2and519.3 million of share repurchases in Q2 and 165.4 million in July - Completed acquisition of American Alloy Steel, Inc. on April 1, 2024 - Completed acquisition of Mid-West Materials, Inc. on April 1, 2024 | | | | | | | | | | Year | | | Year | | --- | - ...