LSB Industries (LXU) Reports Q3 Revenues Below Consensus

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LSB Industries, Inc. Reports Operating Results for the 2019 Third Quarter

October 28, 2019 4:05 PM EDT

OKLAHOMA CITY--(BUSINESS WIRE)-- LSB Industries, Inc. (NYSE: LXU) (LSB or the Company) today announced for the third quarter ended September 30, 2019.

Third Quarter Highlights

Net sales of $75.5 million for the third quarter of 2019, compared to net sales of $79.8 million for the third quarter of 2018. Net loss of $30.8 million for the third quarter of 2019, compared to net loss of $26.1 million for the third quarter of 2018. Adjusted EBITDA(1) of $11.1 million for the third quarter of 2019, compared to $10.6 million for the third quarter of 2018, which include adjustments for certain legal fees incurred... More