Reported 1 day ago
Ferroglobe PLC (NASDAQ:GSM) announced its financial results for the second quarter of 2025, revealing a revenue of $386.9 million, a sequential increase of 25.9% but a year-over-year decrease of 14.2%. The adjusted EBITDA improved to $21.6 million from a prior loss, marking a recovery from Q1's $26.6 million loss. The company's net loss narrowed significantly, and it also declared a $0.014 dividend and repurchased shares. Despite hopes for pricing stability due to certain regulatory actions, the company has discontinued guidance amid macroeconomic uncertainties.
Source: YAHOO