IRVING, Texas (AP) _ Commercial Metals Co. (CMC) on Monday reported fiscal first-quarter profit of $261.8 million.

On a per-share basis, the Irving, Texas-based company said it had net income of $2.20. Earnings, adjusted for one-time gains and costs, were $2.24 per share.

The manufacturer and recycler of steel and metal products posted revenue of $2.23 billion in the period.

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