secwatch.observer — SEC 8-K summary
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Issuer:     Ryerson Holding Corp (RYZ)
CIK:        0001481582
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001564590-22-017879
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryerson posts record Q1 revenue of $1.75B, EPS $4.17; announces bond buyback program and dividend increase
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- Record diluted EPS of $4.17; adjusted diluted EPS $4.27; net income $163.6M.
- Revenue $1.75B, up 52.4% YoY; tons shipped up 11.4% QoQ to 528K.
- Repurchased $63.1M of 8.50% senior secured notes due 2028; board approved up to $172M additional buyback.
- Q2 dividend raised 25% to $0.125 per share; leverage ratio reduced to 0.5x.
- Adjusted EBITDA (ex-LIFO) $250.6M, up 5% QoQ; margin 14.3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1481582/000156459022017879/0001564590-22-017879-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1481582/000156459022017879/ryi-8k_20220504.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-017879

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