Metallus(MTUS) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Metallus Announces First-Quarter 2024 Results CANTON, Ohio: May 9, 2024 – Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, today reported first-quarter 2024 net sales of $321.6 million and net income of$24.0 million, or $0.52 per diluted share. On an adjusted basis (1) , the first-quarter 2024 net income was$26.1 million, or $0.56 per diluted share, and adjusted EBITDA was$43.4 million. This compares with the sequential fou ...