Cleveland-Cliffs sees Q3 adjusted EBITDA $575M from $286M in Q2
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10:12:47 AM UTC
SquawkNews
CLF Cleveland-Cliffs Q2 revenue $5.2B, adjusted EBITDA $286M - tripled from Q1 - Adjusted net loss $0.20/share, narrower than Q1's $0.40 loss - Steel selling price $1,124/ton, up from $1,015 a year ago - Q3 adjusted EBITDA guided to roughly $575M, more than double Q2
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