Michael Hanson
appointed Michael Hanson as a director of the Company to fill such newly created vacancy on March 19, 2025, effective immediately
Highest-materiality recent filing
Friedman Industries expands Sinton facility, adds laser cutting; completion Q4 2026
Expansion of Sinton, Texas facility on Steel Dynamics campus; completion targeted for Q4 2026.
Friedman Industries Q3 net earnings $3.0M, sales up 79% YoY, turnaround from loss
Net earnings $3.0M ($0.43 diluted EPS) vs net loss $1.2M (-$0.17) in year-ago quarter.
Friedman Industries Q2: Net earnings $2.2M, sales $152.4M (+43% YoY); record volume
Net earnings of $2.2M ($0.32 diluted EPS) vs net loss of $0.7M ($0.10 loss) in prior-year quarter.
Friedman Industries acquires Century Metals for $45.25M cash plus $3.5M note and earn-out
Acquired Century Metals & Supplies for $45.25M cash at closing, $3.5M promissory note, and up to $10M earn-out over four years.
Friedman Industries Q1 net earnings rise to $5.0M, sales up 18% YoY
Net earnings $5.0M ($0.71 diluted EPS) vs $2.6M ($0.37) in prior year.
Friedman Industries appoints Gaurav Chhibbar as COO effective July 10, 2025
Gaurav Chhibbar appointed COO effective July 10, 2025.
Friedman Industries Q4 earnings $5.3M; FY2025 net income falls to $6.1M from $17.3M YoY
Q4 2025 net earnings $5.3M ($0.76 diluted EPS) on sales $129.2M vs Q4 2024 net earnings $5.0M ($0.71) on sales $132.2M.
Friedman Industries Q3 net loss of $1.2M vs. year-ago profit; sales down 19%
Net loss of $1.2M ($0.17 diluted loss per share) versus net income of $1.2M ($0.16 diluted EPS) a year ago.
Friedman Industries reports Q2 net loss of $0.7M; sales down 18% YoY
Net loss of $0.7M ($0.10 diluted loss per share) vs net earnings of $3.5M ($0.48 EPS) a year ago.
Friedman Industries Q1 net earnings $2.6M ($0.37 EPS), down from $7.7M ($1.04 EPS) YoY
Net sales of $114.6M down from $137.3M YoY; net earnings of $2.6M vs $7.7M.
Friedman Industries Q4 net earnings $5M; FY2024 second most profitable year
Q4 net earnings $5.0M ($0.71 diluted EPS) on sales $132.2M; prior Q4 $6.3M ($0.86) on $124.2M.
appointed Michael Hanson as a director of the Company to fill such newly created vacancy on March 19, 2025, effective immediately
Max materiality 0.80 · Median 0.60 · Most common event earnings