Olympic Steel results hurt by ‘disappointing’ 4th quarter
Feb 21, 2013 | 12:50 PM
| Corinna Petry
Tags
Olympic Steel,
earnings report,
goodwill impairment,
inventories,
Michael Siegal,
Corinna Petry
CHICAGO — Service center chain Olympic Steel Inc. posted a fourth-quarter net loss of more than $10.1 million, largely the result of a $6.6-million goodwill impairment charge related to flat products in its southern operations, in contrast to net income of $565,000 in the last....
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