Basic Materials

Earnigns: Ossen Innovation Revenues Down $OSN

Ossen Innovation Co., Ltd., a Chinese manufacturer of rare earth and zinc coated pre-stressed steel materials, has announced its first quarter results for FY-2015. The results shows Revenue of $26.8 Million down by -4.3%  YoY, while EPS went up by 79.1% to $0.04. Quarterly Fiscal Highlights: Revenues went down to $26.8 Million from $28.0 Million fall by -4.5% Gross profit …

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Earnings: Friedman Revenues Down $FRD

Friedman Industries, Incorporated , a Texas-based pipe manufacturing company, has announced its results for FY-2014-15. The results shows Revenues down by 20% to  $25.32 Million, whereas EPS also down to -$0.07 from $0.06 YoY. View the full earnings release here.

First Majestic Revenues Down $AG $SLV

First Majestic Silver Corp., a mining company focused on silver production in México, has announced its results for first quarter of FY-2015. The results shows EPS down from $0.05 to -$0.01 YoY, where as Revenues fall from $65.3 Million to $54.6 million for the same. View the full earnings release here.