Ryerson Holding Corp. Q3 Income Advances 173%

(RTTNews) - Ryerson Holding Corp. (RYI) released earnings for its third quarter that increased from last year.

The company said its bottom line advanced to $7.1 million, or $0.22 per share. This was up from $2.6 million, or $0.09 per share, in last year's third quarter.

The company said revenue for the quarter fell 16.7% to $790.0 million. This was down from $947.9 million last year.

Ryerson Holding Corp. earnings at a glance:

-Earnings (Q3): $7.1 Mln. vs. $2.6 Mln. last year. -Earnings Growth (Y-o-Y): 173.1% -EPS (Q3): $0.22 vs. $0.09 last year. -EPS Growth (Y-o-Y): 144.4% -Revenue (Q3): $790.0 Mln vs. $947.9 Mln last year. -Revenue Change (Y-o-Y): -16.7%