Friedman Industries, Incorporated reported net earnings of $5.3 million on sales of $129.2 million for the fourth fiscal quarter ended March 31, 2025. This quarter saw the highest sales volume in the company's history, marking a 28% increase over the preceding third quarter and a 5% increase over the prior year's fourth quarter.
For the full fiscal year ended March 31, 2025, the company recorded net earnings of $6.9 million on total sales of $444.6 million. This represents a decline in full-year net earnings compared to the previous fiscal year's results of $2.39 diluted EPS.
The strong performance in the fourth quarter indicates a positive shift in operational momentum, driven by increased sales volume. The company's ability to achieve its highest sales volume on record highlights successful commercial efforts and improved market conditions towards the end of the fiscal year.
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