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Worthington Steel, Inc. - WS STOCK NEWS

Welcome to our dedicated page for Worthington Steel news (Ticker: ws), a resource for investors and traders seeking the latest updates and insights on Worthington Steel stock.

Worthington Steel, Inc. (WS) stands as a top-tier value-added steel processor in North America, known for its expansive range of products and services. The company excels in the carbon flat-rolled steel sector and the tailor-welded blanks segments, offering solutions to a variety of end markets.

Worthington Steel's core business involves processing steel to create high-quality products for industries such as automotive, construction, and manufacturing. The company prides itself on its market-leading positions and its commitment to innovation and sustainability in steel processing.

Recent achievements include advances in technology and strategic partnerships aimed at enhancing production efficiency and product quality. The company continuously explores new projects to expand its market reach and improve its financial health, showcasing a strong commitment to growth and development.

Worthington Steel's dedication to excellence is evident in its financial condition, with sustained profitability and a robust balance sheet. The company collaborates with industry leaders and leverages its expertise to deliver superior value to its stakeholders.

Current Projects:

  • Expansion of production capabilities in the carbon flat-rolled steel sector.
  • Development of innovative tailor-welded blanks to meet industry demands.
  • Strategic partnerships to enhance sustainability and efficiency.

By providing diverse and high-quality products, Worthington Steel remains a key player in the steel processing industry, poised for continued success and growth.

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Vicarious Surgical Inc. (NYSE: RBOT, RBOT WS) to present at Piper Sandler 35th Annual Healthcare Conference, offering a live and archived webcast on the company's website.
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Vicarious Surgical Inc. (NYSE: RBOT, RBOT WS) announces Q3 2023 financial results, revealing operating expenses of $21.4 million, a net loss of $15.7 million, and $110 million in cash. The company also revised its development schedule for the Version 1.0 System, now expected to be completed in Fall 2024 with a De Novo submission around early to mid-2026.
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Sky Harbour Group Corporation (SKYH) announces a 481% increase in Q3 2023 revenues compared to Q3 2022, with SG&A expenses decreasing 1%. Net cash used in operating activities improved to $6.2 million from $25.3 million in the nine months ended September 30, 2022. The company maintains strong liquidity with approximately $130 million in cash, restricted cash, and US Treasury investments as of September 30, 2023. Facilities in Houston, Nashville, and Miami are 94%, 86%, and 63% leased, with full occupancy projected by the end of Q4 2023. Construction of new campuses and ground leases at key metro markets are also in progress.
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OppFi Inc. (NYSE: OPFI; OPFI WS) reported a 7% increase in total revenue to $133.2 million for the third quarter of 2023, with net income of $15.5 million and adjusted EPS of $0.16. The company also raised full-year adjusted net income and adjusted EPS guidance, reflecting confidence in current business trends.
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Sky Harbour Group Corporation (NYSE American: SKYH, SKYH WS) has entered into a Securities Purchase Agreement with investment vehicles managed by Altai Capital for a private placement of 6,586,154 shares of Class A Common Stock and warrants to purchase up to 1,141,600 shares of Class Common Stock. The aggregate purchase price for the private placement is $42,810,000. Altai Capital Falcon LP, the lead investor, has the right to purchase an additional $15 million in shares and warrants on similar terms for a period of 30 days. The closing of the financing occurred in New York, NY.
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Vicarious Surgical to report Q3 2023 financial results on November 13, 2023
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KORE Group Holdings, Inc. will release its financial results for the third quarter on November 9, 2023. A live webcast and Q&A session will follow the release.
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OppFi Inc. provides a business update, announces participation in ThinkEquity Conference, and schedules Q3 2023 earnings conference call.
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Chicago Executive Airport and Sky Harbour Group announce agreement for development of Sky Harbour Home Base campus
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Sky Harbour Group Corporation announces filing of amendment to Form 10-Q for the period ended June 30, 2023
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FAQ

What is the current stock price of Worthington Steel (ws)?

The current stock price of Worthington Steel (ws) is $45.14 as of November 22, 2024.

What is the market cap of Worthington Steel (ws)?

The market cap of Worthington Steel (ws) is approximately 2.3B.

What is Worthington Steel, Inc.?

Worthington Steel, Inc. (WS) is a leading value-added steel processor in North America, known for its diverse range of products and market-leading positions in carbon flat-rolled steel and tailor-welded blanks.

What industries does Worthington Steel serve?

Worthington Steel serves various industries including automotive, construction, and manufacturing.

What are some of Worthington Steel’s recent achievements?

Recent achievements include advances in technology, strategic partnerships, and new project developments aimed at enhancing production efficiency and product quality.

What is the financial condition of Worthington Steel?

Worthington Steel maintains sustained profitability and a robust balance sheet, reflecting its strong financial health.

What are Worthington Steel’s current projects?

Current projects include expanding production capabilities in the carbon flat-rolled steel sector, developing innovative tailor-welded blanks, and forming strategic partnerships to enhance sustainability and efficiency.

What makes Worthington Steel a key player in the steel processing industry?

Worthington Steel’s commitment to innovation, high-quality products, and strategic growth initiatives positions it as a key player in the steel processing industry.

How does Worthington Steel contribute to sustainability?

Worthington Steel engages in strategic partnerships and projects aimed at enhancing sustainability and production efficiency in the steel processing industry.

Who are Worthington Steel’s main competitors?

Worthington Steel competes with other leading steel processing companies in North America, particularly in the carbon flat-rolled steel and tailor-welded blanks markets.

What is the significance of Worthington Steel’s market-leading positions?

Worthington Steel’s market-leading positions in carbon flat-rolled steel and tailor-welded blanks highlight its expertise and dominance in these segments, contributing to its overall success.

How can investors stay updated on Worthington Steel’s news?

Investors can stay updated on Worthington Steel’s news by following stock market websites like StockTitan, which provide the latest updates and relevant information about the company.

Worthington Steel, Inc.

NYSE:WS

WS Rankings

WS Stock Data

2.30B
32.54M
35.91%
46.83%
0.7%
Steel
Steel Works, Blast Furnaces & Rolling & Finishing Mills
Link
United States of America
COLUMBUS