LSB Industries (LXU) Misses Q1 EPS by 23c, Revenues Miss

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Go back to LSB Industries (LXU) Misses Q1 EPS by 23c, Revenues Miss

LSB Industries, Inc. Reports Operating Results for the 2020 First Quarter

May 6, 2020 4:15 PM EDT

OKLAHOMA CITY--(BUSINESS WIRE)-- LSB Industries, Inc. (NYSE: LXU) (LSB or the Company) today announced results for the first quarter ended March 31, 2020.

First Quarter 2020 Summary

Net sales of $83.4 million Net loss of $19.5 million Adjusted EBITDA(1) of $15.6 million, which includes an adjustment for certain legal fees of $3.3 million El Dorado facility achieves record ammonia production for the quarter 8% increase in overall sales volumes including a 21% increase in UAN sales volumes versus the first quarter of 2019

We were pleased with the performance... More