Cliffs(CLF) - 2024 Q3 - Quarterly Results

NEWS RELEASE Cleveland-Cliffs Reports Third-Quarter 2024 Results CLEVELAND—November 4, 2024—Cleveland-Cliffs Inc. (NYSE: CLF) today reported third-quarter results for the period ended September 30, 2024. Third-Quarter 2024 Highlights • Revenues of $4.6 billion • Steel shipments of 3.8 million net tons 1 • GAAP net loss of $230 million and adjusted net loss of $156 million 2 • Adjusted EBITDA of $124 million 3 3 • Does not include Stelco's third-quarter adjusted EBITDA of US$64 million and adjusted EBITDA ma ...