Previous close | 2.4700 |
Open | 2.4000 |
Bid | 2.4000 |
Ask | 3.7000 |
Strike | 3.00 |
Expiry date | 2024-07-19 |
Day's range | 2.4000 - 2.4000 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Ferroglobe's (GSM) Q1 top line reflects lower pricing in silicon metal and silicon-based alloys.
Globe Specialty Metals (GSM) delivered earnings and revenue surprises of 100% and 14.09%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Increasing annual Adj. EBITDA guidance to $130-170 million, up from $100-170 million previouslyPosted adjusted EBITDA of $25.8 million for the first quarter of 2024Net cash positive for the first time in the Company’s history; all-time low gross debt of $81 millionInitiated a quarterly cash dividend of $0.013 per share, paid on March 28, 2024; announcing a second quarter dividend of $0.013 per share, payable on June 27Board approved stock buyback program; shareholder vote to approve buyback sche