Amended: ArcelorMittal Reports Turns To Q4 Profit, Revenue Improves
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ArcelorMittal SA reported a profit of $177 million, or $0.23 per share, for the fourth quarter, a turnaround from a loss of $390 million, or $0.51 per share, last year. Adjusted earnings were $654 million, or $0.86 per share. Revenue increased to $14.971 billion from $14.714 billion in the previous year, indicating positive growth in the company's financial performance.
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