LSB Industries (LXU) Misses Q2 EPS by 26c
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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
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...
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