Welcome to our dedicated page for Worthington Steel news (Ticker: ws), a resource for investors and traders seeking the latest updates and insights on Worthington Steel stock.
Worthington Steel (WS) delivers precision-engineered steel solutions for automotive, construction, and industrial sectors through advanced processing of carbon flat-rolled steel and laser-welded products. This news hub provides investors with essential updates on operational developments, strategic initiatives, and market positioning.
Access curated press releases and analysis covering earnings announcements, facility expansions, and technological innovations. Our repository simplifies tracking of WS's progress in electrical steel laminations and global manufacturing operations while maintaining compliance with financial disclosure standards.
Discover timely updates on quality control advancements, international market entries, and partnership agreements. Bookmark this page for streamlined access to WS's evolving role in steel processing technology and industrial supply chains.
Worthington Steel (NYSE: WS) has announced that its subsidiary Tempel Steel has developed Full Surface Bonding (FSB™), a patent-pending technology for bonding electrical steel laminations in motor cores. The innovative process applies a thin adhesive layer to laminations before stacking, creating stronger bonds and eliminating gaps.
FSB™ technology offers significant advantages including improved motor efficiency, reduced noise and vibration, better thermal conductivity, and enhanced durability. The coating is notably thinner (2-4 microns vs. 5-14 microns in traditional methods), allowing for more active steel in each motor core. The technology has already received approval for production applications from multiple automotive OEMs.
Southland Holdings (NYSE American: SLND) has secured two significant projects with a combined value of $130 million. The first project, awarded to its Transportation segment subsidiary American Bridge Company, involves bridge rehabilitation in the Pacific Northwest for a private client. The second project, awarded to Oscar Renda Contracting under its Civil segment, focuses on water resources in Austin, Texas.
Both projects will be incorporated into the company's third quarter 2025 backlog.
Worthington Steel (NYSE: WS) reported strong Q1 fiscal 2026 results, with net sales increasing 5% to $872.9 million from $834.0 million year-over-year. The company achieved net earnings of $36.8 million ($0.72 per diluted share), up from $28.4 million ($0.56 per diluted share) in Q1 2025.
Key highlights include a 6% increase in direct tons sold, with the recently acquired Sitem Group contributing 1% to this growth. The company's gross margin improved by $14.8 million, driven by higher direct spreads and volumes. Operating income rose to $48.3 million, up from $43.4 million. The company declared a quarterly dividend of $0.16 per share, payable December 26, 2025.
A significant development was the acquisition of 52% stake in S.I.T.E.M. S.p.A. (Sitem Group) through subsidiary Tempel Steel Company, completed on June 3, 2025, marking an important strategic expansion.
Worthington Steel (NYSE:WS) has declared a quarterly dividend of $0.16 per common share, payable on December 26, 2025, to shareholders of record as of December 12, 2025.
Additionally, the company announced it will host a conference call to discuss its fiscal 2026 first quarter results on September 25, 2025, at 8:30 a.m. ET. The call will be available via webcast on the company's Investor Relations website and will be archived for one year.
Worthington Steel (NYSE: WS) has scheduled its fiscal first quarter 2026 earnings conference call for Thursday, September 25, 2025, at 8:30 a.m. ET. The company will release its financial results after market close on Wednesday, September 24, 2025.
Investors can access the live webcast through the Investor Relations section of WorthingtonSteel.com, where it will remain archived for one year. For those joining by phone, the toll-free dial-in number is 888.510.2553 with conference ID 5714141.
Sky Harbour Group (NYSE:SKYH), an aviation infrastructure company, has secured a $200 million tax-exempt warehouse drawdown committed bank facility through J.P. Morgan. The facility, issued through the Public Finance Authority (Wisconsin), features key terms including 65% leverage, 5-year bullet maturity, and a tax-exempt annual interest rate of 80% of (SOFR+0.10%) plus 200bps, currently at approximately 5.60%.
The facility, which may be expanded to $300 million subject to credit approval, will be used to fund new hangar projects. It includes capitalized monthly interest during the first three years and no prepayment penalty at refinancing. Sky Harbour Capital II, LLC, a wholly owned subsidiary, serves as the initial borrower.
Vicarious Surgical (NYSE:RBOT), a next-generation robotics technology company focused on transforming robotic surgery, has announced its participation in the upcoming H.C. Wainwright 27th Annual Global Investment Conference in New York.
The company's management team will deliver a presentation on Wednesday, September 10, 2025 at 9:00 a.m. ET. Investors and interested parties can access the live audio webcast through the Events & Presentations section of Vicarious Surgical's investor relations website.
M-tron Industries (NYSE American: MPTI), a U.S. manufacturer of electronic components for aerospace and defense, reported mixed Q2 2025 results. Revenue increased 12.5% to $13.3 million compared to Q2 2024, driven by strong defense program shipments. However, net income per diluted share decreased 15.9% to $0.53 from $0.63 year-over-year.
The company's backlog showed remarkable growth, increasing 35% to $61.2 million as of June 30, 2025, reflecting strong demand across aerospace, defense, avionics, and space markets. Gross margin declined to 43.6% from 46.6% due to product mix and tariff impacts. Adjusted EBITDA slightly decreased to $2.4 million from $2.5 million in Q2 2024.
Sky Harbour Group (NYSE:SKYH), an aviation infrastructure company, reported strong Q2 2025 results and significant expansion progress. The company's consolidated revenues increased 82% year-over-year and 18% quarter-over-quarter, with constructed assets reaching over $295 million.
Key operational highlights include the opening of a new campus at Denver's Centennial Airport, strong leasing activity across locations, and improved cash flow metrics with net operating cash usage reduced to $0.9 million from $5 million in the previous quarter. The company maintains robust liquidity with $75 million in consolidated cash and US Treasuries.
Sky Harbour is pursuing a $200 million tax-exempt bank debt facility for expansion and reiterates its guidance of reaching operating cash-flow breakeven by year-end 2025. The company expects to announce five additional airport ground leases by the end of 2025, expanding its portfolio to 23 airports.
Southland Holdings (NYSE: SLND), a specialized infrastructure construction provider, reported Q2 2025 financial results with revenue of $215.4 million, down 14.4% from $251.5 million in Q2 2024. The company posted a net loss of $10.3 million ($0.19 per share), improving from a $46.1 million loss ($0.96 per share) in Q2 2024.
Key highlights include gross profit of $13.4 million (6.2% margin) compared to a $40.0 million loss in Q2 2024, and EBITDA of $4.2 million versus $(49.9) million year-over-year. The company maintains a strong backlog of $2.32 billion. The Materials & Paving business contributed $21.7 million to revenue but negatively impacted gross profit by $3.8 million in Q2 2025.