secwatch.observer — SEC 8-K summary
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Issuer:     Ryerson Holding Corp (RYZ)
CIK:        0001481582
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0000950170-24-118271
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryerson reports Q3 net loss $6.6M, $0.20 EPS; COO Burbach to retire Dec 31
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- Revenue $1.13B, 485K tons shipped, avg price $2,323/ton; net loss $6.6M ($0.20 diluted EPS).
- Operating cash flow $134.6M; free cash flow $103.4M; inventory reduced $80.8M FIFO vs Q2.
- Returned $42M to shareholders via $36M buybacks and $6M dividends; declared Q4 div $0.1875/sh.
- Acquired Production Metals (aluminum/stainless/specialty steel) entering aerospace/defense/semiconductor markets.
- COO Michael Burbach to retire Dec 31, 2024; granted 10,000 LTIP shares and vesting waiver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1481582/000095017024118271/0000950170-24-118271-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1481582/000095017024118271/ryi-20241029.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-118271

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