LSB Industries (LXU) Misses Q2 EPS by 26c

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Go back to LSB Industries (LXU) Misses Q2 EPS by 26c

LSB Industries, Inc. Provides Update on Its Strategic Alternatives Review Process

July 25, 2017 4:06 PM EDT

OKLAHOMA CITY--(BUSINESS WIRE)-- LSB Industries, Inc. (NYSE: LXU) (LSB or the Company) today announced that its Board of Directors (Board) has not been presented with a sale transaction that they feel is in the best interests of shareholders. As a result, at this time, the Board has made a decision to terminate the formal sale process portion of its strategic review. The Board always remains open and willing to engage in these types of discussions. While we are not sharing specific details of the process, we believe that, at this time, the current outlook in... More

LSB Industries, Inc. Reports Improved Operating Results for the 2017 Second Quarter

July 25, 2017 4:05 PM EDT

OKLAHOMA CITY--(BUSINESS WIRE)-- LSB Industries, Inc. (NYSE: LXU) (LSB or the Company) today announced results for the second quarter ended June 30, 2017.

Second Quarter Highlights

Net sales of $122.9 million for the second quarter of 2017, up from $110.0 million for the second quarter of 2016 Net loss from continuing operations of $7.0 million for the second quarter of 2017, compared to a loss of $7.7 million for the second quarter of 2016 Adjusted EBITDA(1) from continuing operations of $22.2 million for the second quarter of 2017, an increase of $11.1 million, from... More