secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ryerson Holding Corp (RYZ)
CIK:        0001481582
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0000950170-23-016263
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryerson Q1 net income falls 71% YoY to $47.3M; revenue $1.4B, down 20%
----------------------------------------------------------------------

- Diluted EPS $1.27 vs $4.17 a year ago; adjusted diluted EPS $1.27.
- Gross margin 18.8% (down 470 bps YoY); gross margin excl. LIFO 19.1%.
- Adjusted EBITDA excl. LIFO $90.1M, down 64% YoY; net leverage 0.8x.
- Repurchased 1.5M shares; acquired BLP Holdings; quarterly dividend raised 5.9% to $0.18.
- Share repurchase program extended and increased to $100M through April 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1481582/000095017023016263/0000950170-23-016263-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1481582/000095017023016263/ryi-20230501.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-016263

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer