Aug. 12 at 6:27 PM
$FRD surges 14.8% post-earnings! 🚀
💥 Q1 net earnings jumped to
$5M, up from
$2.6M in the prior-year quarter
📈 Flat-roll sales soared 20%, boosting operating income, while tubular sales dipped but operating results improved
📊 Adjusted gross profit climbed 60.3%, with margin expansion
Discover the full story behind FRD's momentum here 👉 https://www.zacks.com/stock/news/2703054/friedman-industries-stock-gains-following-strong-q1-earnings-results?cid=sm-stocktwits-2-2703054-body-7520&ADID=SYND_STOCKTWITS_TWEET_2_2703054_BODY_7520