TimkenSteel Corporation reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was USD 245.4 million compared to USD 338.3 million a year ago. Net loss was USD 33.2 million compared to net income of USD 57.1 million a year ago.

Basic loss per share from continuing operations was USD 0.75 compared to basic earnings per share from continuing operations of USD 1.24 a year ago. Diluted loss per share from continuing operations was USD 0.75 compared to diluted earnings per share from continuing operations of USD 1.07 a year ago.