Venator Materials PLC (VNTR) Tops Q2 EPS by 5c, Revenues Beat

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Go back to Venator Materials PLC (VNTR) Tops Q2 EPS by 5c, Revenues Beat

Venator Announces Second Quarter 2020 Results: Delivery of Cost Initiatives Mitigate the Effects of COVID-19

August 4, 2020 6:00 AM EDT

WYNYARD, UK, Aug. 4, 2020 /PRNewswire/ --

Second Quarter 2020 Highlights

Net loss attributable to Venator of $19 million compared to net income attributable to Venator of $21 million in the prior year period Adjusted EBITDA of $37 million compared to $61 million in the second quarter of 2019 Diluted loss per share of $0.18 and adjusted diluted loss per share of $0.03 TiO2 sales volumes declined by 16% compared to the first quarter of 2020, primarily due to the effects of COVID-19 Average TiO2 pricing was stable compared to the first quarter of 2020 and second... More