GrafTech International Ltd. reported a net loss of $47 million, or $1.76 per share, for the third quarter of 2026. Despite the loss, the company's revenue of $140 million and non-GAAP EPS of -$1.21 both exceeded analyst expectations. Net sales saw a 3% year-over-year decrease, while sales volume remained stable at 28.8 thousand metric tons. The company also recorded an adjusted EBITDA of $9 million for the period.
Sales fell 3% as realized prices declined, while the company plans to close its Monterrey facility and is betting on improved prices in the fourth quarter and 2027.
Read the full storyThe realized price per metric ton held at about $3,900, while the company expects it to rise in the fourth quarter and maintains its forecast for sales volume growth in 2026.
The call follows a second quarter in which the company posted a smaller net loss than a year earlier, as sales volume rose and was expected to grow in 2026.