PORTLAND, Ore. (AP) _ Schnitzer Steel Industries Inc. (SCHN) on Thursday reported fiscal second-quarter earnings of $3.9 million.

On a per-share basis, the Portland, Oregon-based company said it had net income of 14 cents. Earnings, adjusted for one-time gains and costs, were 31 cents per share.

The recycler of ferrous and nonferrous scrap metal posted revenue of $439.5 million in the period.

Schnitzer Steel shares have declined 42% since the beginning of the year. The stock has dropped 50% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCHN at https://www.zacks.com/ap/SCHN

Automated Insights, source Associated Press News