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Olympic Steel reports Q2 EPS $0.42


Thursday, 3 Aug 2017 06:10am EDT 

Aug 3 (Reuters) - Olympic Steel Inc :Olympic Steel reports 35 pct growth in 2017 second-quarter net income.Q2 earnings per share $0.42.Q2 sales rose 30 percent to $356.2 million.Q2 net income was reduced by $0.03 per diluted share related to net loss generated by Siler City, North Carolina facility​.‍Net income in Q2 also negatively impacted by $0.4 million, or $0.02 per diluted share, of LIFO expense recorded in quarter​. 

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