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Stock impact report

NL Industries Inc Reports Turnaround with Q4 Net Income of $7.6 Million [Yahoo! Finance]

CompX International Inc. (CIX) 
Company Research Source: Yahoo! Finance
Net Sales : Q4 net sales rose to $43.2 million, up from $40.0 million in the same quarter last year, driven by increased Security Products sales. Full-Year Performance : Despite a positive Q4, NL faced a full-year net loss of $2.3 million in 2023, contrasting with a net income of $33.8 million in 2022. Income from Operations : Income from operations attributable to CompX was $7.4 million in Q4 2023, up from $5.4 million in Q4 2022. Kronos Worldwide Inc : Equity in losses of Kronos Worldwide Inc was $1.6 million in Q4 2023, improved from losses of $6.0 million in the same period of 2022. Warning! GuruFocus has detected 4 Warning Sign with NL. On March 6, 2024, NL Industries Inc ( NYSE:NL ) released its 8-K filing , revealing a notable turnaround in its fourth-quarter performance with a net income of $7.6 million, or $0.16 per share. This marks a significant recovery from the net loss of $6.1 million, or $0.13 per share, in the fourth quarter of the previous year. The company Show less Read more
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