NL Industries (NL) Swings to Q1 Profit

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NL REPORTS FIRST QUARTER 2016 RESULTS

May 6, 2016 5:03 PM EDT

DALLAS, TEXAS - May 6, 2016 - NL Industries, Inc. (NYSE: NL) today reported a net loss attributable to NL stockholders of $2.5 million, or $.05 per share, in the first quarter of 2016 compared to net income attributable to NL stockholders of $10.0 million, or $.21 per share, in the first quarter of 2015.  

Net sales decreased $.8 million in the first quarter of 2016 compared to the same period in 2015 primarily due to CompX's Security Products business strong sales for a government security end-user in the first... More