earnings
confidence high
sentiment negative
materiality 0.65
GrafTech Q2 2024 net loss $15M, revenue down 26% YoY to $137M; adj. EBITDA $14M
GRAFTECH INTERNATIONAL LTD
2024-Q2 EPS reported
-$0.18
revenue$273,911,000
- Net loss $14.8M ($0.06/share); adjusted EBITDA $14.5M vs $26.0M in Q2 2023.
- Net sales $137M, down 26% from $186M a year ago on lower realized prices and mix shift.
- Sales volume 25.5K MT (-3% YoY), but up 6% sequentially; capacity utilization hit 60%.
- Cash costs per MT improved 18% YoY; Q3 sales volume expected broadly in line with Q2.
- Liquidity $232M ($121M cash); gross debt $950M, net debt ~$829M.