Venator Materials PLC (VNTR) Tops Q1 EPS by 2c
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Venator Announces First Quarter 2022 Results; Successful Selling Price Initiatives Mitigate Inflationary Costs
May 4, 2022 6:00 AM EDTWYNYARD, UK, May 4, 2022 /PRNewswire/ --Â
First Quarter 2022 Highlights
Net loss attributable to Venator of $3 million compared to $21 million in the prior year periodAdjusted EBITDA of $57 million compared to $49 million in the prior year periodNet cash used in operating activities of $86 million and free cash flow of $(103) million includes a primary working capital cash use of $87 million attributable to higher accounts receivablesDiluted loss per share of $0.03 and adjusted diluted earnings per share of $0.06Compared to the fourth quarter of... More