OLYMPIC STEEL REPORTS LOSS OF US$ 767,000

Olympic Steel Inc. (ZEUS) on Friday reported a first-quarter loss of $767,000 , after reporting a profit in the same period a year earlier.

On a per-share basis, the Highland Hills, Ohio -based company said it had a loss of 7 cents .

The steel maker posted revenue of $258.3 million in the period.

Olympic Steel shares have climbed 86 percent since the beginning of the year. The stock has climbed 89 percent in the last 12 months.