Venator Materials PLC (VNTR) Tops Q1 EPS by 12c, Revenues Beat
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Venator Announces First Quarter 2020 Results; Stable Pricing and Strong Sequential Volume Improvement
May 6, 2020 6:00 AM EDTWYNYARD, UK, May 6, 2020 /PRNewswire/ --
First Quarter 2020 Highlights
Net income attributable to Venator of $7 million; adjusted net income attributable to Venator of $12 million Adjusted EBITDA of $57 million compared to $60 million in 1Q19 and $23 million in 4Q19 Diluted earnings per share of $0.07 and adjusted diluted earnings per share of $0.11 Average TiO2 pricing was stable compared to the fourth quarter of 2019; volumes increased in-line with historical seasonality Delivered $4 million of adjusted EBITDA benefit from our 2019 Business Improvement Program in the first quarter At the end... More