Olympic Steel Reports $3.9 Million Net Income in Fourth Quarter

HIGHLAND HILLS, Ohio - Olympic Steel Inc. (ZEUS) announced net income of $3.9 million for its fourth quarter, ending its fiscal year with $23 million in profit.

Earnings per share amounted to 13 cents after adjusting for non-recurring gains, while annual earnings reached $1.97 per share. The steelmaker generated $418.8 million in revenue during the quarter and $1.94 billion for the year.