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Olympic Steel, Inc. (NASDAQ:ZEUS) Q4 2024 Earnings Call Transcript


Published on 2025-02-22 19:41:17 - MSN
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  • Q4 2024 Earnings Call Transcript February 21, 2025 Operator: Good morning, and welcome to the Olympic Steel 2024 fourth quarter financial results conference call. At this time, all participants are on a listen-only mode.

The article provides a transcript of the Q4 2024 earnings call for Olympic Steel, Inc. (NASDAQ: ZEUS). During the call, CEO Richard T. Marabito and CFO Andrew Greiff discussed the company's financial performance for the fourth quarter and the full year of 2024. Key points included a significant increase in net income, driven by higher sales volumes and improved pricing in their carbon segment, despite challenges in other segments like stainless steel and aluminum. They highlighted strategic initiatives aimed at enhancing operational efficiency, expanding market share, and managing costs effectively. The call also covered future outlook, with cautious optimism about market conditions, potential growth areas, and ongoing efforts to navigate economic uncertainties. Additionally, there was a Q&A session where analysts asked about capital allocation, potential acquisitions, and the impact of tariffs and trade policies on their business.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/olympic-steel-inc-nasdaq-zeus-q4-2024-earnings-call-transcript/ar-AA1zzBvC ]
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