Tronox (TROX) Misses Q1 EPS by 22c

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Tronox Reports First Quarter 2016 Financial Results

May 4, 2016 5:46 PM EDT

STAMFORD, Conn., May 4, 2016 /PRNewswire/ -- Tronox Limited (NYSE: TROX) today reported first quarter 2016 revenue of $475 million compared to $385 million in the first quarter 2015 and $535 million in the fourth quarter 2015.  Adjusted EBITDA was $40 million compared to $64 million in the year-ago quarter and $60 million in the prior quarter.  Adjusted net loss attributable to Tronox Limited in the quarter was $93 million, or $0.80 per diluted share, versus an adjusted net loss of $51 million, or $0.44 per diluted share, in the year-ago quarter and an adjusted net loss of $76 million, or $0.66 per diluted share, in the... More