Tor Minerals Intl (TORM) Posts Wider Q4 Loss

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TOR Minerals International, Inc. Reports Fourth Quarter and Year-end 2015 Financial Results

March 3, 2016 4:05 PM EST

CORPUS CHRISTI, Texas, March 3, 2016 /PRNewswire/ -- TOR Minerals International, Inc. (Nasdaq: TORM), producer of high performance specialty minerals, today announced its financial results for the fourth quarter and year-ended December 31, 2015.

Full-year 2015 summary

2015 net sales decreased 21% to $37.1 million 2015 net loss of $6.4 million, versus 2014 net loss of $554,000 2015 loss per diluted share of ($2.11) per share, versus net loss per diluted share of $(0.18) 2015 Adjusted EBITDA of $2.1 million, versus $5.1 million during 2014 2015 cash flow from operations of $3.4 million, versus 2014 cash flow from operations of $4.6... More