Cleveland-Cliffs Q2 Net Loss Narrows, Revenue Rises

MT Newswires Live

07/23

Cleveland-Cliffs (CLF) reported Q2 adjusted net loss Thursday of $0.20 per diluted share, compared with a loss of $0.51 a year earlier.

Analysts polled by FactSet expected a loss of $0.21.

Revenue for the quarter ended June 30 was $5.22 billion, up from $4.93 billion a year earlier.

Analysts surveyed by FactSet expected $5.15 billion.

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