LSB Industries, Inc. Reports Improved Operating Results for the 2018 Fourth Quarter
LSB Industries, Inc. (LXU)
Last lsb industries, inc. earnings: 2/24 04:05 pm
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US:NYSE Investor Relations:
investors.lsbindustries.com
Company Research
Source: Business Wire
OKLAHOMA CITY--(BUSINESS WIRE)-- LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the fourth quarter ended December 31, 2018. Fourth Quarter Highlights Net sales of $94.7 million for the fourth quarter of 2018, compared to adjusted net sales(1) of $72.3 million for the fourth quarter of 2017 ($88.9 million was originally reported for the fourth quarter of 2017, which excludes $16.6 million for the comparative impact to revenue from new revenue recognition standards adopted in 2018 primarily related to the Baytown facility, that are not reflected in prior year financials). Net loss from continuing operations of $13.0 million for the fourth quarter of 2018, compared to net loss of continuing operations of $0.2 million for the fourth quarter of 2017. Adjusted EBITDA(1) of $23.3 million for the fourth quarter
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