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Stock impact report

The Chemours Company Reports First Quarter 2024 Results

Chemours Company (The) (CC) 
Last chemours company (the) earnings: 2/13 04:15 pm Check Earnings Report
Company Research Source: Business Wire
WILMINGTON, Del.--(BUSINESS WIRE)--The Chemours Company (“Chemours” or “the Company”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies (“TT”), Thermal & Specialized Solutions (“TSS”), and Advanced Performance Materials (“APM”), today announced its financial results for the first quarter 2024.Key First Quarter 2024 ResultsNet Sales of $1.4 billion, down 12% year-over-yearNet Income attributable to Chemours of $52 million, or $0.34 per diluted share, compared with $145 million, or $0.96 per diluted share, in the corresponding prior-year quarterAdjusted EBITDA1,2 was $193 million, compared to $304 million in the corresponding prior-year quarterCash flows used in operations were $290 million, and capital expenditures were $102 millionCash returned to shareholders through dividends of $37 million in the quarter“Net Sales for the first quarter were in line with our expectations across all three of our segments. Consolidated Adjusted EBITDA wa Show less Read more
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