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    May 5, 2025

    Olympic Steel earnings slump in 'challenging' first quarter

    Written by Ethan Bernard

    Olympic Steel Inc.

    First quarter ended March 3120252024% Change
    Net sales$492.9$526.6-6.4%
    Net earnings (loss)$2.5$8.7-71.2%
    Per diluted share$0.21$0.75-72%%
    (in millions of dollars except per share)

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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