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Stock impact report

LSB Industries, Inc. Reports Operating Results for the 2023 Fourth Quarter and Provides Product Sales Volume Outlook for 2024

LSB Industries, Inc. (LXU) 
Last lsb industries, inc. earnings: 2/24 04:05 pm Check Earnings Report
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, 2023.Fourth Quarter 2023 Results and Recent HighlightsNet sales of $133 million compared to $234 million in the fourth quarter of 2022Net loss of $5 million compared to net income $66 million in the fourth quarter of 2022Diluted EPS of ($0.07) compared to $0.83 for the fourth quarter of 2022Adjusted EBITDA(1) of $25 million compared to $105 million in the fourth quarter of 2022Cash Flow from Operations of $17 million with Capital Expenditures of $26 millionRepurchased 1.2 million shares of common stock for approximately $10 millionAdvancing new large-scale, low-carbon ammonia project on the Houston Ship ChannelFull Year 2023 Results and HighlightsNet sales of $594 million compared to $902 million in the full year 2022Net income of $28 million compared to net income $230 million in the full year 2022Diluted EPS of $0.37 compared Show less Read more
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