Tenaris (TS) has released an update.
Tenaris S.A., a leading steel pipe manufacturer, has released its Consolidated Condensed Interim Financial Statements for the first quarter of 2024, showing a decrease in net sales and income compared to the same period in 2023. The company reported net sales of $3.44 billion and a net income of $750.23 million, signaling a notable downturn from last year’s $4.14 billion in sales and $1.13 billion in income. These financial results reflect the company’s performance amidst market fluctuations and operational challenges.
For further insights into TS stock, check out TipRanks’ Stock Analysis page.
