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Stock impact report

LSB Industries, Inc. Reports Operating Results for the 2024 First Quarter

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 first quarter ended March 31, 2024.First Quarter 2024 Results and Recent HighlightsNet sales of $138 million compared to $181 million in the first quarter of 2023Net income of $6 million compared to net income $16 million in the first quarter of 2023Diluted EPS of $0.08 compared to $0.21 for the first quarter of 2023Adjusted EBITDA(1) of $33 million compared to $51 million in the first quarter of 2023Cash Flow from Operations of $24 million with Capital Expenditures of $18 millionRepurchased approximately 0.7 million shares of common stock during the first quarter of 2024, and approximately 1.5 million shares year-to-dateRepurchased $33 million in principal amount of Senior Secured Notes during the first quarter of 2024, and $75 million in principal amount year-to-dateTotal cash and short-term investments of approximately $265 million as of March 31, 2024______ Show less Read more
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