---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-001827"
form_type: "8-K"
ticker: null
cik: "0000912603"
company_name: "RADIUS RECYCLING, INC."
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:40:10.558515+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Radius Recycling Q2 FY2024 net loss $34M; revenue down 18% YoY; new $40M cost cuts

## Summary
- Net loss $34M ($1.19 diluted EPS) vs. prior year net income $4M ($0.14 EPS); adjusted EPS loss $1.04.
- Revenue $621M, down 18% YoY from $756M; gross margin $40M (6.4%) vs $73M prior year.
- Adjusted EBITDA $3M, down from $32M; ferrous volumes 980K LT (-15% sequentially), nonferrous +7% YoY, finished steel +5% YoY.
- New $40M cost reduction program (SG&A -10% and production efficiencies), adding to prior $30M target.
- Board declared regular quarterly dividend (amount not specified).

## SEC filing metadata
- accession: 0001171843-24-001827
- form_type: 8-K
- cik: 0000912603
- company_name: RADIUS RECYCLING, INC.
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912603/000117184324001827/0001171843-24-001827-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912603/000117184324001827/f8k_040424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-001827
- JSON: https://secwatch.observer/filing/0001171843-24-001827.json
- Plain text: https://secwatch.observer/filing/0001171843-24-001827.txt

## Key facts
- Earnings Releases
  RADIUS RECYCLING, INC. reported the three months ended February 29, 2024 results: net income a net loss of $(34) million, EPS a loss per share from continuing operations of $(1.19).
  - Period: the three months ended February 29, 2024
  - Net income: a net loss of $(34) million
  - EPS: a loss per share from continuing operations of $(1.19)
  - Result: reported results
  source text: On April 4, 2024, Radius Recycling, Inc issued a press release announcing its financial results for the three months ended February 29, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/912603/000117184324001827/0001171843-24-001827-index.htm

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