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Stock impact report

Intrepid Announces First Quarter 2024 Results [Yahoo! Finance]

Intrepid Potash, Inc (IPI) 
Last intrepid potash, inc earnings: 3/2 04:34 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Key Highlights for First Quarter 2024 Financial & Operational Total sales of $79.3 million, which compares to $86.9 million in the first quarter of 2023. Net loss of $3.1 million (or $0.24 per diluted share), which compares to net income of $4.5 million (or $0.35 per diluted share) in the first quarter of 2023. Gross margin of $6.4 million, which compares to $16.4 million in the first quarter of 2023. Cash flow provided by operations of $41.5 million, which compares to $8.4 million of cash flow provided by operations in the first quarter of 2023. First quarter 2024 cash flow from operations includes $45 million received from XTO Holdings under the amended Cooperative Development Agreement. Adjusted EBITDA of $7.7 million, which compares to $16.4 million in the first quarter of 2023. Potash and Trio ® sales volumes of 74 thousand and 91 thousand tons, respectively, which compares to the first quarter of 2023 of 89 thousand and 65 thousand tons, respectively. Potash and Show less Read more
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