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Stock impact report

Intrepid Announces Fourth Quarter and Full-Year 2023 Results

Intrepid Potash, Inc (IPI) 
Last intrepid potash, inc earnings: 3/2 04:34 pm Check Earnings Report
Company Research Source: GlobeNewswire
Denver, CO, March 06, 2024 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. (NYSE:IPI) ("Intrepid", the "Company", "we", "us" and "our") today reports its financial results for the fourth quarter and full-year of 2023. Key Financial & Operational Highlights for the Fourth Quarter and Full-Year 2023 Total sales of $56.7 million in the fourth quarter and $279.1 million for the full-year 2023.Net loss of $37.3 million (or $2.91 per diluted share) and $35.7 million (or $2.80 per diluted share) in the fourth quarter and full-year 2023, respectively, and an adjusted net loss(1) of $5.2 million and $3.0 million, respectively. Included in the GAAP net loss figures are non-cash impairment charges of $42.8 million in the fourth quarter of 2023 and $43.3 million for the full-year 2023. Adjusted EBITDA(1) of $7.1 million for the fourth quarter, bringing our full-year 2023 adjusted EBITDA to $41.6 million.Cash flow from operations of $4.6 million in the fourth quarter, bringing our full-year 2023 cas Show less Read more
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