LSB Industries (LXU) Reports Q4 Loss of $0.75, Revenues Beat
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LSB Industries, Inc. Reports Improved Operating Results for the 2018 Fourth Quarter
February 26, 2019 4:05 PM ESTOKLAHOMA CITY--(BUSINESS WIRE)-- LSB Industries, Inc. (NYSE: LXU) (LSB or the Company) today announced results for the fourth quarter ended December 31, 2018.
Fourth Quarter Highlights
Net sales of $94.7 million for the fourth quarter of 2018, compared to adjusted net sales(1) of $72.3 million for the fourth quarter of 2017 ($88.9 million was originally reported for the fourth quarter of 2017, which excludes $16.6 million for the comparative impact to revenue from new revenue recognition standards adopted in 2018 primarily related to the Baytown facility, that are not reflected in prior year financials).... More