SAO PAULO SP, Brazil (AP) — SAO PAULO SP, Brazil (AP) — Gerdau SA (GGB) on Wednesday reported earnings of $55.3 million in its fourth quarter.
The Sao Paulo Sp, Brazil-based company said it had net income of 3 cents per share. Earnings, adjusted for non-recurring costs, were 6 cents per share.
The steel producer posted revenue of $2.88 billion in the period.
For the year, the company reported profit of $852.9 million, or 40 cents per share. Revenue was reported as $12.43 billion.
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