GrafTech reports Q1 net loss of $7M; revenue down 62% YoY, sales volume down 61%

GRAFTECH INTERNATIONAL LTD

2023-Q1 EPS reported -$0.03 revenue$138,802,000

Net loss of $7M ($0.03 EPS); adjusted net loss of $5.5M ($0.02 adj EPS).
Revenue $139M, down 62% YoY; Adjusted EBITDA $15M, down from $170M.
Sales volume 16.9k MT (-61% YoY); production volume 15.8k MT (-66%).
Received regulatory approval to restart production at St. Marys, PA facility.
Guides Q2 sales volume 24k-27k MT; full year 100k-115k MT.

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