8-K filed Nov 2, 2026 at 16:28 ET
Metallus reported Q3 2026 net sales of $337.2M (+10% YoY) and GAAP diluted EPS of $0.55, well above the $0.29 consensus. Adjusted EBITDA rose 19% YoY to $34.5M. The company was awarded a DLA contract with an initial $125M purchase order and up to $995M over five years. However, Q4 adjusted EBITDA guidance is lower sequentially due to planned annual maintenance shutdown, and full-year 2026 adjusted EBITDA is guided to $100-$105M.