Welcome to our dedicated page for Ferroglobe news (Ticker: GSM), a resource for investors and traders seeking the latest updates and insights on Ferroglobe stock.
Ferroglobe PLC (GSM), a global leader in silicon metal and specialty alloy production, maintains this centralized news hub for investors and industry stakeholders. Access real-time updates on operational milestones, financial performance, and strategic initiatives shaping the electrometallurgy sector.
This resource aggregates official press releases, earnings reports, and market analyses to help users track production innovations, sustainability efforts, and supply chain developments. Key content includes:
• Quarterly financial results and SEC filings
• Strategic partnerships in solar/automotive sectors
• Operational updates from global facilities
• Raw material market trend analyses
Bookmark this page for streamlined access to verified information about Ferroglobe's role in advanced material manufacturing and energy-efficient production processes.
Ferroglobe PLC (NASDAQ: GSM), a prominent global producer of silicon metal and ferroalloys, will disclose its first-quarter financial results after market close on May 9, 2023. The subsequent earnings call is scheduled for May 10, 2023, at 8:30 AM ET. Investors can join the call via phone after pre-registering or through a live webcast. Ferroglobe serves diverse markets including solar, electronics, and automotive, positioning itself within fast-growing sectors. This earnings announcement is part of the company's ongoing commitment to transparency and investor engagement.
Ferroglobe PLC (GSM) reported a record revenue of $2.6 billion for 2022, marking a 46% increase year-over-year, with adjusted EBITDA reaching $860 million, up 380%. The fourth quarter adjusted EBITDA was $130 million, down 30% from Q3 but up 52% from Q4-21. Net debt reduced to $137 million, while total cash increased to $323 million. The company anticipates adjusted EBITDA of $270-$300 million for 2023. Despite a strong overall year, Q4 sales volume fell 24% due to reduced pricing and customer destocking. Ferroglobe is expanding its production capacity and entering the battery market, emphasizing opportunities in high purity silicon for electric vehicles and solar energy.
FAQ
What is the current stock price of Ferroglobe (GSM)?
What is the market cap of Ferroglobe (GSM)?
