Friedman Industries, Incorporated Announces Second Quarter EPS of $.26

Friedman Industries, Incorporated FRD announced today its results of operations for the second quarter. For the quarter ended September 30, 2010, the Company recorded net earnings of $1,784,431 ($0.26 per share diluted) on sales of $29,353,262. During the quarter ended September 30, 2009, the Company recorded a net loss of $206,247 ($0.03 loss per share diluted) on sales of $16,086,330.