Friedman Industries (FRD 1.71%), a steel manufacturer and processor, released its results for the first quarter of fiscal 2026 on August 7, 2025. Revenue (GAAP) was $134.8 million, as the company saw healthy sales volumes especially in its flat-roll steel business. Net earnings (GAAP) nearly doubled to$5.0 million, and diluted earnings per share reached $0.71 (GAAP), compared to$0.37 (GAAP) in Q1 fiscal 2025. There were no analyst estimates to compare against these results. The quarter showed significant ...