Algoma Steel Fiscal Q3 Loss Narrows, Revenue Declines; Keeps Dividend of $0.05 a Share

MT Newswires Live

13 Mar

Algoma Steel Inc. WTS17.93%

Algoma Steel Group (ASTL) reported late Wednesday fiscal Q3 net loss of CA$0.61 ($0.42) per diluted share, narrower than the CA$0.78 loss per share a year earlier.

Revenue for the quarter ended Dec. 31 was CA$590.3 million, down from CA$615.4 million.

The company's board has approved an unchanged quarterly dividend of $0.05 per share, payable on April 10 to shareholders as of March 21, it said.

Analysts estimates were not available for comparison.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

no data

No relevant data is available

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2519001851"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2519001851\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2519001851?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-13 15:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2519001851","market":"sh","top_or_hot":-1,"title":"Algoma Steel Fiscal Q3 Loss Narrows, Revenue Declines; Keeps Dividend of $0.05 a Share","media":"MT Newswires Live","content":"<html><body><p> Algoma Steel Group (ASTL) reported late Wednesday fiscal Q3 net loss of CA$0.61 ($0.42) per diluted share, narrower than the CA$0.78 loss per share a year earlier.</p><p>Revenue for the quarter ended Dec. 31 was CA$590.3 million, down from CA$615.4 million.</p><p>The company's board has approved an unchanged quarterly dividend of $0.05 per share, payable on April 10 to shareholders as of March 21, it said.</p><p>Analysts estimates were not available for comparison.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Algoma Steel Fiscal Q3 Loss Narrows, Revenue Declines; Keeps Dividend of $0.05 a Share</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlgoma Steel Fiscal Q3 Loss Narrows, Revenue Declines; Keeps Dividend of $0.05 a Share\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-03-13 15:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Algoma Steel Group (ASTL) reported late Wednesday fiscal Q3 net loss of CA$0.61 ($0.42) per diluted share, narrower than the CA$0.78 loss per share a year earlier.</p><p>Revenue for the quarter ended Dec. 31 was CA$590.3 million, down from CA$615.4 million.</p><p>The company's board has approved an unchanged quarterly dividend of $0.05 per share, payable on April 10 to shareholders as of March 21, it said.</p><p>Analysts estimates were not available for comparison.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ASTL","symbol_name":"Algoma Steel Inc.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2519001851","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2519001851","pubTimestamp":1741852739,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Algoma Steel Group  reported late Wednesday fiscal Q3 net loss of CA$0.61  per diluted share, narrower than the CA$0.78 loss per share a year earlier.Revenue for the quarter ended Dec. 31 was CA$590.3 million, down from CA$615.4 million.The company's board has approved an unchanged quarterly dividend of $0.05 per share, payable on April 10 to shareholders as of March 21, it said.Analysts estimates were not available for comparison.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ASTL":"Algoma Steel Inc.","ASTLW":"Algoma Steel Inc. WTS"},"translate_title":"阿尔戈马钢铁第三财季亏损收窄，收入下降；维持每股0.05美元的股息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ASTLW":1,"ASTL":0.9},"content_text":"Algoma Steel Group (ASTL) reported late Wednesday fiscal Q3 net loss of CA$0.61 ($0.42) per diluted share, narrower than the CA$0.78 loss per share a year earlier.Revenue for the quarter ended Dec. 31 was CA$590.3 million, down from CA$615.4 million.The company's board has approved an unchanged quarterly dividend of $0.05 per share, payable on April 10 to shareholders as of March 21, it said.Analysts estimates were not available for comparison.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}

If the download button clicks without skipping, click on the top right menu and select "Open in Browser."

Consult now
Download APP
Scan QR code to download the app.