Intrepid Potash (IPI) Misses Q3 EPS by 4c

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Go back to Intrepid Potash (IPI) Misses Q3 EPS by 4c

Intrepid Announces Third Quarter 2019 Results

November 5, 2019 7:00 AM EST

DENVER, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. (Intrepid) (NYSE: IPI) today reported its results for the third quarter of 2019.

Key Takeaways for Q3 2019

       Double-digit sales increases across potash, Trio®, and oilfield solutions segments compared with the prior year third quarter, partially offset by startup costs associated with the accelerated ramp up of operations at Intrepid South.
       Cash flow from operations of $5.9 million.
        Net loss of $0.2 million, or $0.00 per share, a $3.6 million decrease compared to prior year third quarter net income of $3.4 million, or $0.03 per share.
       Adjusted... More