Friedman Industries, Incorporated Announces First Quarter Results

LONGVIEW, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter ended June 30, 2024. June 30, 2024 Quarter Highlights: Net earnings of approximately $2.6 million Sales of approximately $114.6 million Working capital balance at quarter-end of approximately $123.6 million "We are pleased to report profitable results for our first quarter in a period of challenging price dynamics," said Michael J. Taylor, Presid ...