FRD News and Press, Friedman Industries Inc. From 06/30/22

Greenblatt believes that a company with the ability to invest in its business and receive a strong return on that investment is usually a “good” company. Greenblatt measures the strength of a business by examining its return on capital, which he defines as operating prof...

LONGVIEW, Texas, June 29, 2022 (GLOBE NEWSWIRE) -- The Company’s measurement date to determine its filer status with the Securities and Exchange Commission (“SEC”) is September 30 th of each year based on the Company’s fiscal year end date of March 31 s...

Friedman Industries (NYSE:FRD) has acquired two high-quality, strategically located facilities from Plateplus, positioning Friedman as a leading North American steel service center with an expanded geographic presence, scale and processing capabilities. In addition to the facilities acqu...

LONGVIEW, Texas, May 02, 2022 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (“Friedman”) (NYSE American: FRD), a Texas-based company engaged in steel processing and distribution as well as pipe manufacturing through its division Texas Tubular Products, announced today ...

FRD is a downstream steel producer, meaning a company that buys steel coil from big mills and processes it according to final customer requirements. The company has three plants strategically positioned near important suppliers and is building a new one. FRD has seen its price soa...

A global steel shortage caused by lower supply from major exporters China, Russia, and Ukraine has pushed up steel prices of late. But given the strong demand from a reopening global economy, other countries' producers should benefit. So, small-cap steel stocks TimkenSteel (TMST), Insteel Ind...

Gainers: Renewable Energy Group (NASDAQ:REGI) +40%. NextDecade Corporation (NASDAQ:NEXT) +18%. Orbital Energy Group (NASDAQ:OEG) +17%. Imperial Petroleum (NASDAQ:IMPP) +13%. Uranium Energy (NYSE:UEC) +13%. Losers: Friedman Industries (NYSE:FRD) -17%. Eco Wave Power Global (NASDAQ:WA...

Friedman press release (NYSE:FRD): Q3 GAAP EPS of -$0.43. Revenue of $51.66M (+81.3% Y/Y). For further details see: Friedman GAAP EPS of -$0.43, revenue of $51.66M

Despite growing fears around the new COVID-19 omicron variant, fundamentally solid small-cap stocks are expected to benefit from robust macroeconomic growth and an anticipated mild impact from proposed corporate tax policy changes. So, we think it could be wise to bet on quality small-cap sto...

LONGVIEW, Texas, Nov. 19, 2021 (GLOBE NEWSWIRE) -- The Company announced today its results of operations for the fiscal second quarter. For the quarter ended September 30, 2021 (the “2021 quarter”), the Company recorded net earnings of $13,177,614 ($1.91 diluted earnings per s...