Venator Materials PLC (VNTR) Misses Q3 EPS by 1c
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Venator Announces Third Quarter 2021 Results; TiO2 Margin Expansion Driven by Pricing Actions
November 3, 2021 6:00 AM EDTWYNYARD, UK, Nov. 3, 2021 /PRNewswire/ --
Third Quarter 2021 Highlights
Net loss attributable to Venator of $47 million compared to $42 million in the prior year period Adjusted EBITDA of $48 million compared to $17 million in the prior year period Net cash provided by operating activities of $7 million and free cash flow of $(13) million Diluted loss per share of $0.44 and adjusted diluted earnings per share of $0.03 Compared to the second quarter of 2021, average TiO2 selling prices increased 5% in local currency and TiO2 sales volumes were 1% lower Refinanced asset-backed revolving credit... More