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Reliance, Inc. Reports Third Quarter 2024 Financial Results
RSReliance(RS) GlobeNewswire News Room·2024-10-24 10:50

— Net sales of 3.42billionwithtonssoldup7.13.42 billion with tons sold up 7.1% from Q3 2023 — Gross profit margin of 29.4% — EPS of 3.61, non-GAAP EPS of 3.64Cashflowfromoperationsof3.64 — Cash flow from operations of 463.9 million — Share repurchases of 432.0millionreducedoutstandingsharesby3432.0 million reduced outstanding shares by 3%; replenished existing share repurchase program to 1.5 billion — Amended and restated $1.5 billion credit agreement for a new five-year term — Completed acquisition of FerrouSouth toll processing assets on August 16, 2024 SCOTTSDALE, Ariz., Oct. 24, 2024 (GLOBE ...