The silicon and alloys producer reported adjusted EBITDA of $13.1 million and net debt of $37.7 million for the quarter.
Ferroglobe posted second-quarter revenue of $378.6 million, exceeding estimates by $3.8 million despite a 2.1% year-over-year decline. Non-GAAP earnings per share came in at $0.00, beating expectations by $0.07.
The company reported adjusted EBITDA of $13.1 million for the period. Total cash at quarter-end stood at $93.2 million, with net debt of $37.7 million.
Shares showed limited movement in after-hours trading as investors digested the mixed results.