Ferroglobe Reports Q3 Non-GAAP EPS Miss and Revenue Shortfall
Ferroglobe PLC (GSM) reported third-quarter financial results that fell short of market expectations. The company posted a Non-GAAP earnings per share (EPS) of -$0.06, missing consensus estimates by $0.03. Despite achieving an 18.6% year-over-year increase in revenue to $369.8 million, the figure missed analyst projections by $13.2 million. Following the announcement, Ferroglobe shares experienced a decline of approximately 2.07% in after-hours trading.
Topics: earnings miss financial results non-GAAP EPS revenue miss