Ternium (TX) has released an update.
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Ternium S.A. has reported a strong first quarter in 2024 with significant financial highlights, including $855 million in adjusted EBITDA and a net income of $491 million. The steel and mining company saw 3.9 million tons of steel products shipped and declared earnings per ADS at $1.84. Despite a competitive market, Ternium’s operational performance and financial results demonstrate robust growth and profitability.
For further insights into TX stock, check out TipRanks’ Stock Analysis page.