April 20, 2010
AK Steel today reported net income of $1.9 million, or $0.02 per diluted share of common stock, for the first quarter of 2010, compared to a net loss of $73.4 million, or $0.67 per diluted share, for the first quarter of 2009. The 2010 first-quarter results include a non-cash charge of $25.3 million, or $0.23 per diluted share of common stock, related to federal healthcare legislation signed into law in March.
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