Schnitzer Steel Industries, Inc. reported earnings results for the full year ended August 31, 2023. For the full year, the company reported sales was USD 2,882.22 million compared to USD 3,485.82 million a year ago. Net loss was USD 25.79 million compared to net income of USD 168.8 million a year ago.

Basic loss per share from continuing operations was USD 0.92 compared to basic earnings per share from continuing operations of USD 6.01 a year ago. Diluted loss per share from continuing operations was USD 0.92 compared to diluted earnings per share from continuing operations of USD 5.72 a year ago. Basic loss per share was USD 0.92 compared to basic earnings per share of USD 6.01 a year ago.

Diluted loss per share was USD 0.92 compared to diluted earnings per share of USD 5.72 a year ago.