LSB Industries (LXU) Misses Q4 EPS by 33c, Revenues Miss
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LSB Industries, Inc. Reports Operating Results for the 2019 Fourth Quarter
February 24, 2020 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, 2019.
Fourth Quarter Summary
Net sales of $73.9 million for the fourth quarter of 2019, compared to $94.7 million for the fourth quarter of 2018. Net loss of $27.7 million for the fourth quarter of 2019 (or $18.0 million adjusted for non-cash write-down), compared to $13.0 million for the fourth quarter of 2018. Adjusted EBITDA(1) of $7.2 million for the fourth quarter of 2019, compared to $25.1 million for the fourth quarter of 2018 which include adjustments for certain legal fees... More