LSB Industries (LXU) Tops Q1 EPS by 11c
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LSB Industries, Inc. Reports Improved Adjusted Operating Results for the 2015 First Quarter
May 8, 2015 6:30 AM EDTProvides Chemical Business Product Volume Guidance for 2015 Second Quarter
OKLAHOMA CITY--(BUSINESS WIRE)-- LSB Industries, Inc. (LSB) (NYSE: LXU) today announced results for the first quarter ended March 31, 2015.
Financial Highlights of First Quarter 2015 Compared to First Quarter 2014
Net sales increased 8.6% to $193.9 million compared to $178.5 million. Operating income was $14.2 million compared to operating income of $25.9 million. Excluding insurance recoveries in the prior year period, first quarter 2015 operating income increased $16.3 million over an adjusted operating loss of $2.1 million. EBITDA was $23.6... More