Gerdau (GGB) reported fiscal Q2 net income late Thursday of 0.42 Brazilian reais ($0.075) per diluted share, up from 0.41 Brazilian reais a year earlier.
Analysts polled by FactSet expected 0.49 Brazilian reais.
Revenue for the quarter ended June 30 was 17.53 billion Brazilian reais, up from 16.62 billion Brazilian reais a year earlier.
Analysts expected 17.99 billion Brazilian reais.
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