Welcome to our dedicated page for Radius Health news (Ticker: RDUS), a resource for investors and traders seeking the latest updates and insights on Radius Health stock.
Radius Recycling, Inc. (formerly Schnitzer Steel Industries, Inc.) has been a frequent subject of corporate, financial, and transaction-related news due to its role in metals recycling and steel manufacturing and its transition from a public company to a wholly owned subsidiary of Toyota Tsusho America, Inc. News coverage for the former Nasdaq-listed symbol RDUS includes quarterly and annual financial results, operating updates, and major corporate events.
Company earnings releases have provided details on ferrous and nonferrous sales volumes, finished steel volumes, average net selling prices, rolling mill utilization, and adjusted EBITDA. These reports explain how changes in global ferrous and finished steel prices, nonferrous demand, scrap availability, and productivity initiatives have affected margins and profitability. They also highlight the company’s cost reduction and productivity programs, investments in advanced metal recovery technologies, and expansion of its recycling services platform.
News items have also covered governance and leadership developments, such as the appointment of a chief operating officer and new board members, reflecting ongoing attention to operational performance and strategic direction. In addition, Radius has regularly announced quarterly cash dividends, noting a long history of paying dividends since its initial public offering.
A major focus of recent news has been the definitive merger agreement under which Toyota Tsusho America, Inc. agreed to acquire Radius Recycling, Inc. Press releases and subsequent SEC filings describe the agreed cash consideration for Radius shareholders, the rationale for combining the businesses, and the expectation that Radius would continue to operate from its Portland, Oregon headquarters with its brands and facilities retained. Later news documented the receipt of required regulatory approvals, shareholder approval, and the closing of the merger.
Following completion of the transaction and the delisting and deregistration of RDUS, this news page functions as an archive of historical announcements, financial updates, and corporate actions related to Radius Recycling, Inc. during its period as a publicly traded company.
Radius Recycling (NASDAQ: RDUS) reported its Q3 fiscal 2025 financial results, showing significant sequential improvements despite posting losses. The company reported a loss per share from continuing operations of $(0.59) and a net loss of $(16) million, improving from $(1.15) and $(33) million in Q2 2025. Adjusted EBITDA reached $22 million, up from break-even in the previous quarter.
Key operational highlights include a 23% increase in nonferrous sales volumes with 7% higher prices, 4% higher ferrous sales volumes, and a 15% increase in finished steel sales volumes with 4% higher prices. The company's rolling mill utilization improved to 107% from 88% in the prior quarter.
Notably, Radius announced its pending merger with Toyota Tsusho America (TAI), which received shareholder approval on June 5, 2025, and is expected to close in the second half of 2025. The company declared its 125th consecutive quarterly dividend of $0.1875 per share, payable August 4, 2025. Additionally, Radius amended its credit agreement, reducing revolving commitments from $800 million to $625 million.
Radius Recycling (NASDAQ: RDUS) reported Q2 fiscal 2025 results with a net loss of $(33) million, or $(1.15) per share, slightly improving from $(34) million in the prior year. Key performance metrics include:
- Ferrous sales volumes up 12% YoY despite 14% lower selling prices
- Nonferrous prices increased 10% with volumes down 1%
- Finished steel sales volumes rose 15% with 9% lower prices
- Mill utilization rate improved to 88% from 81%
- SG&A costs reduced by 12%
- Generated $20M operating cash flow and $13M free cash flow
- Total debt of $430M at quarter end
The company declared its 124th consecutive quarterly dividend of $0.1875 per share. Notably, Radius announced a pending merger with Toyota Tsusho America, expected to close in H2 2025, which would make RDUS a wholly owned subsidiary of TAI.
Radius Recycling (NASDAQ: RDUS) has announced a definitive merger agreement with Toyota Tsusho America (TAI), a U.S. subsidiary of Toyota Tsusho (TTC). Under the agreement, TAI will acquire all Radius shares for $30.00 per share in cash, representing a 115% premium over the March 12, 2025 closing price.
The transaction, valued at approximately $1.34 billion enterprise value, will maintain Radius' Portland headquarters, teams, facilities, and brands. The merger combines two recycling industry leaders, with TTC bringing approximately $65 billion in global revenue and 70,000 employees worldwide.
Post-acquisition, Radius will benefit from TTC's financial strength, recycling technology, and automotive sector expertise. The deal is expected to close in the second half of 2025, subject to shareholder and regulatory approvals.
Radius Recycling (NASDAQ: RDUS) reported Q1 fiscal 2025 results with a net loss of $(37) million, or $(1.30) per share, compared to $(18) million, or $(0.64) per share in Q1 2024. Adjusted EBITDA was break-even, down from $1 million in the prior year.
The company saw mixed performance across segments: nonferrous metals showed strength with 12% higher average selling prices, while ferrous prices declined 5% and finished steel prices dropped 7%. The steel mill operated at 81% utilization, above the U.S. average of 75% but down from 95% last year due to scheduled maintenance.
Consolidated revenues were $657 million, with SG&A costs reduced by 10% year-over-year. The company maintained its quarterly dividend tradition, declaring $0.1875 per share payable February 18, 2025.
Radius Pharmaceuticals has announced a licensing agreement with Pharmanovia for the commercialization of abaloparatide, a bone-forming agent for osteoporosis treatment, in key Asia Pacific markets. The agreement covers China and nine other territories including Singapore, Thailand, Indonesia, Vietnam, Taiwan, Hong Kong, Malaysia, Macau, and the Philippines.
The drug, marketed as TYMLOS® in the U.S., is indicated for treating osteoporosis in postmenopausal women and men at increased risk of fractures. Under the agreement terms, Radius will receive an upfront payment, regulatory and commercial milestones, plus tiered royalties on net sales.
The partnership aims to leverage Pharmanovia's strong commercial presence in APAC, particularly in China, where they maintain a leading osteoporosis commercial platform.
Radius Recycling (NASDAQ: RDUS) has scheduled its first quarter fiscal 2025 earnings release for Wednesday, January 8, 2025. The company will host a webcast conference call at 11:30 a.m. Eastern Time on the same day to discuss the financial results for the period ended November 30, 2024. The webcast and accompanying slide presentation will be accessible through the company's investor relations website. Chairman and CEO Tamara Lundgren and CFO Stefano Gaggini will lead the presentation.
Radius Recycling (NASDAQ:RDUS) has released its Fiscal 2024 Sustainability Report, highlighting significant achievements in its three-pillar sustainability framework: People, Planet, and Profit. The company reported a 30% reduction in greenhouse gas emissions compared to 2019 baseline, and maintained 100% net carbon-free electricity across recycling operations for the fourth consecutive year.
Key accomplishments include recycling 4.9 million metric tons of metals, selling 3.8 million recycled auto parts, and producing 509,000 tons of low-carbon emission steel products. The company achieved a 16% year-over-year reduction in total case incident rate, with 90% of facilities free of lost time injuries. The report also highlighted expanded ISO-certified Environmental Management System coverage to 50% of facilities and increased employee 401(k) participation to 70%.
Radius received multiple recognitions, including placement on Corporate Knights' Global 100 List, Ethisphere Institute's World's Most Ethical Companies for the tenth consecutive year, and re-certification as a Great Place to Work.
Radius Recycling (NASDAQ: RDUS) has released its Fiscal 2024 Sustainability Report, highlighting significant achievements in its three-pillar sustainability framework: People, Planet, and Profit. Key accomplishments include a 30% reduction in greenhouse gas emissions compared to 2019, a 16% year-over-year reduction in total case incident rate, and ISO certification expansion to 50% of facilities.
The company recycled 4.9 million metric tons of metals, sold 3.8 million recycled auto parts, and 509,000 tons of low-carbon emission steel products. Notable achievements include maintaining 100% net carbon-free electricity across recycling operations for the fourth consecutive year, expanding the 3PR™ portfolio, and increasing employee 401(k) participation to 70%. The company was recognized on Corporate Knights' Global 100 List, named one of World's Most Ethical Companies® for the tenth consecutive year, and re-certified as a Great Place to Work®.
Radius Pharmaceuticals has expanded its licensing agreement with Theramex for ELADYNOS® (abaloparatide), granting exclusive commercialization rights in Mexico, Canada, Israel, South Africa, and Russia. The agreement includes an upfront payment, milestone payments, and tiered royalties.
ELADYNOS®, marketed as TYMLOS® in the U.S., is a novel bone-forming agent for treating osteoporosis in postmenopausal women and men at increased fracture risk. Theramex will maintain exclusive commercialization rights in the European Economic Area, United Kingdom, Australia, and Brazil, where the product received approval in December 2022 and November 2024 respectively.
Radius Recycling (NASDAQ: RDUS) has appointed Marc Hathhorn as Executive Vice President and Chief Operating Officer, effective November 1, 2024. Hathhorn joins from Peabody Energy , where he served as President of Global Operations, managing 5,000 employees and 17 coal mines. The company highlighted its operational capacity, including 100+ facilities producing over 4 million tons of recycled ferrous volumes, 700 million pounds of nonferrous volumes, and 500 thousand tons of low carbon GRN™ finished steel products annually. In his new role, Hathhorn will focus on operational excellence, growth strategies, and advancing the company's strategic objectives.
FAQ
What is the current stock price of Radius Health (RDUS)?
What is the market cap of Radius Health (RDUS)?
