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Wednesday, 08/27/2014 4:15:43 PM

Wednesday, August 27, 2014 4:15:43 PM

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Globe Specialty Metals beats by $0.03, revenue in-line

Aug 26 2014, 18:30 ET | About: Globe Specialty Metals Inc. (GSM) | By: Jignesh Mehta, SA News Editor

Globe Specialty Metals (NASDAQ:GSM): FQ4 EPS of $0.18 beats by $0.03.
Revenue of $205.36M (+13.4% Y/Y) in-line.
Press Release


http://seekingalpha.com/news/1954535-globe-specialty-metals-beats-by-0_03-revenue-in-line?uprof=45#email_link


Globe Specialty Metals Reports Strong Fourth Quarter / Full Year Fiscal 2014 Results
Tue August 26, 2014 6:21 PM|GlobeNewswire | About: GSM

• Adjusted earnings per share on a fully diluted basis were $0.18 in the fourth quarter, up 100% from the fourth quarter of last year and up 29% from the prior quarter
• Adjusted EBITDA in the fourth quarter was $33.1 million, up 39% from the fourth quarter of last year and up 12% from the prior quarter
• Fiscal year 2014 adjusted EBITDA and adjusted EPS were up 11% and 33%, respectively, from last year
• Adjusted gross margin percentage in the fourth quarter increased to 18.3% compared to 12.6% from the fourth quarter of last year and 16.8% from the prior quarter, due to improved sales mix
• The Board of Directors announced a Quarterly Dividend of $0.075 per share to be paid on September 24, 2014 to Shareholders of Record as of September 10, 2014

more...


http://seekingalpha.com/pr/10860975-globe-specialty-metals-reports-strong-fourth-quarter-full-year-fiscal-2014-results


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