Commercial Metals Company announced unaudited consolidated financial results for the first quarter ended November 30, 2016. For the quarter, the company reported net sales of $1,075.063 million against $1,154.859 million a year ago. Earnings from continuing operations were $7.174 million or $0.22 per diluted share, compared with $25.633 million or $0.29 per diluted share for the first quarter of fiscal 2015. Net earnings attributable to the company were $6.275 million or $0.05 per diluted share against $25.063 million or $0.21 per diluted share a year ago. Net cash flows used in operating activities were $0.954 million against net cash flows from operating activities of $219.573 million a year ago. Capital expenditures were $42.965 million against $11.169 million a year ago. Adjusted operating profit from continuing operations were $23.352 million compared to $11.169 million for the same period a year ago. Adjusted operating profit was $55.539 million compared to $65.328 million for the same period a year ago. Adjusted EBITDA from continuing operations was $53.8 million for the first quarter of fiscal 2017, compared with adjusted EBITDA from continuing operations of $87.7 million for the first quarter of fiscal 2016.