---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-021164"
form_type: "8-K"
ticker: "MTUS"
cik: "0001598428"
company_name: "Metallus Inc."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T11:54:53.142612+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Metallus Q4 net income falls to $1.3M from $24.8M sequentially; full-year adj EBITDA $169.0M

## Summary
- Net sales Q4 $328.1M, down 7.4% from Q3 $354.2M; full-year sales $1.4B.
- GAAP diluted EPS $0.03 vs $0.51 prior quarter; adjusted EPS $0.36 vs $0.52.
- Operating cash flow $74.1M in Q4; full-year $125.3M; $32.6M spent on share repurchases.
- Cash $280.6M, total liquidity $539.4M at year-end.
- CEO highlights aerospace and defense demand and new company name Metallus.

## SEC filing metadata
- accession: 0000950170-24-021164
- form_type: 8-K
- ticker: MTUS
- cik: 0001598428
- company_name: Metallus Inc.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1598428/000095017024021164/0000950170-24-021164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1598428/000095017024021164/mtus-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-021164
- JSON: https://secwatch.observer/filing/0000950170-24-021164.json
- Plain text: https://secwatch.observer/filing/0000950170-24-021164.txt

## Key facts
- Earnings Releases
  Metallus Inc. reported the fourth quarter of 2023 results: revenue $328.1 million, net income $1.3 million, or $0.03 per diluted share, EPS $0.03 per diluted share.
  - Period: the fourth quarter of 2023
  - Revenue: $328.1 million
  - Net income: $1.3 million, or $0.03 per diluted share
  - EPS: $0.03 per diluted share
  - Result: reported results
  source text: set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Metallus Announces Fourth-Quarter and Full-Year 2023 Results • Net sales of $328.1 million in the fourth quarter and $1.4 billion for the full year • Fourth-quarter net income of $1.3 million and full-year net income of $69.4 million with adjusted EBITDA (1) of $35.7
  evidence_url: https://www.sec.gov/Archives/edgar/data/1598428/000095017024021164/0000950170-24-021164-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.