Kraton Corporation (KRA) Misses Q4 EPS by 10c
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Kraton Corporation Announces Fourth Quarter and Full Year 2019 Results
February 26, 2020 4:45 PM ESTHOUSTON, Feb. 26, 2020 /PRNewswire/ -- Kraton Corporation (NYSE: KRA), a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, announces financial results for the quarter and year ended December 31, 2019.
2019 FOURTH QUARTER AND FULL YEAR SUMMARY
Fourth quarter consolidated net loss of $22.1 million compared to net income of $19.3 million in the fourth quarter of 2018. Fourth quarter Adjusted EBITDA(1) of $49.0 million, down 42.4% compared to the fourth quarter of 2018. Polymer segment operating loss of $5.2 million, compared to operating income of... More