Chemours (CC) Tops Q1 EPS by 4c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/14/2026

1. WDAY
2. NVDA
3. JNJ
4. META
5. AAPL
6. AMAT
7. SPY
8. ASML
9. NRIX
10. SUNS

Go back to Chemours (CC) Tops Q1 EPS by 4c

The Chemours Company Reports First Quarter 2016 Results

May 2, 2016 4:30 PM EDT

WILMINGTON, Del., May 2, 2016 /PRNewswire/ --

First Quarter 2016 Highlights

Net sales of $1.3 billion Adjusted EBITDA of $128 million Adjusted Net Income of $11 million, or $0.06 per diluted share Net Income of $51 million, or $0.28 per diluted share, including $89 million gain on sale of Beaumont aniline facility, interest expense of $57 million and restructuring costs of $17 million

Other Highlights

Continued to build liquidity through working capital productivity, asset sale proceeds and the DuPont prepayment, resulting in cash balance of $435 million Signed definitive agreement to sell... More