AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Friedman Industries (FRD) reported Q2 2026 earnings that far exceeded expectations, . The company’s net income surged 431.9% to $2.24 million, . Management attributed the performance to improved capacity utilization and the August 2025 acquisition of Century Metals & Supplies, which expanded its product portfolio and geographic reach.
Revenue

, a 42.7% increase from $106.76 million in 2025 Q2. The flat-roll segment led the growth, , while the tubular segment added $9.04 million.
Earnings/Net Income
, a 420.0% positive change from a $0.10 loss per share in 2025 Q2. , . This marks a significant operational turnaround.
Post-Earnings Price Action Review
, . However, , suggesting market dynamics or alternative strategies may offer superior returns.
CEO Commentary
CEO Michael J. Taylor highlighted record sales volume and the Century Metals acquisition as key drivers of growth. He emphasized the company’s enhanced market position, strong customer demand, and strategic focus on innovation and shareholder value.
Guidance
Management expects Q3 2026 sales volume to remain consistent with Q2 levels, with modest margin improvements from higher metals pricing. The Century Metals acquisition is anticipated to offset holiday-related slowdowns, though no specific quantitative targets were provided.
Additional News
Friedman Industries recently completed the acquisition of Century Metals & , enhancing its product portfolio and geographic reach. , . Additionally, was appointed Chief Operating Officer, bringing expertise in operations and M&A to strengthen efficiency and growth strategies.
Get noticed about the list of notable companies` earning reports after markets close today and before markets open tomorrow.

Dec.05 2025

Dec.05 2025

Dec.05 2025

Dec.05 2025

Dec.05 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet