Globe back in black as silicon metal improves
Feb 07, 2014 | 10:39 AM
| Michael Cowden
CHICAGO Globe Specialty Metals Inc. swung back into the black in its fiscal second quarter thanks to better prices for silicon metal, increased sales of silicon-based alloys and the end of a lengthy lockout at a plant in Quebec.
The New York-based silicon metal and silicon-based alloys producer posted net income of $13.47 million on sales of $178.41 million for the three months ended Dec. 31 after recording a $6.85-million net loss in its fiscal first quarter on sales of $172.99 million, according to earnings data released after the close of markets Feb. 6.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.