---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-024047"
form_type: "8-K"
ticker: "FRD"
cik: "0000039092"
company_name: "FRIEDMAN INDUSTRIES INC"
filed_at: "2022-10-12T23:59:59+00:00"
generated_at: "2026-06-23T04:10:46.319679+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Friedman Industries Q1 FY2023 EPS $1.55 on $161.8M revenue; includes Plateplus acquisition

## Summary
- Net earnings $11.2M ($1.55 diluted EPS) vs $11.3M ($1.64) on revenue $161.8M (up 145% from $65.9M).
- Plateplus acquisition contributed ~$82.2M revenue and ~$6.4M pretax income in the quarter.
- Coil segment sold 94k tons (up from 39k), driven by acquired facilities; tubular segment sold 10.5k tons (down from 14.5k).
- Sinton facility commissioning began Oct 2022; expected annual shipments of 110-140k tons by FY2024.
- Q2 outlook: sales ~$150M on 115k tons; Q3 margins expected to normalize on 105k tons.

## SEC filing metadata
- accession: 0001437749-22-024047
- form_type: 8-K
- ticker: FRD
- cik: 0000039092
- company_name: FRIEDMAN INDUSTRIES INC
- filed_at: 2022-10-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39092/000143774922024047/0001437749-22-024047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39092/000143774922024047/frd20221012_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-024047
- JSON: https://secwatch.observer/filing/0001437749-22-024047.json
- Plain text: https://secwatch.observer/filing/0001437749-22-024047.txt

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