Categories AlphaGraphs, Earnings, Industrials
EAF Earnings: A snapshot of GrafTech’s Q3 2023 financial results
GrafTech International Ltd. (NYSE: EAF), a manufacturer of graphite electrode products, reported a net loss for the third quarter of 2023 when the company’s sales declined 48%.
Third-quarter net loss was $22.6 million or $0.09 per share, compared to net income of $93.5 million or $0.36 per share in the corresponding period of 2022. On an adjusted basis, the loss was $0.08 per share.
The bottom-line performance was negatively impacted by a 48% fall in net sales to $159 million. The decrease mainly reflects industry-wide softness in demand for graphite electrodes.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Can General Motors (GM) navigate the tariff challenge ahead?
General Motors' (NYSE: GM) stock tumbled last week after the Trump administration imposed new tariffs on automobile imports, raising concerns about their potential impact on the company’s production as it
What to look for when Delta Air Lines (DAL) reports its Q1 2025 earnings results
Shares of Delta Air Lines (NYSE: DAL) were down over 1% on Monday. The stock has dropped 28% over the past three months. The airline is scheduled to report its
STZ Earnings Preview: Can Constellation Brands leverage growing beer sales?
Constellation Brands, Inc. (NYSE: STZ) has effectively navigated challenges like cautious consumer spending and declining demand for its wine and spirits brands by capitalizing on the sustained growth in the
