Compass Minerals (CMP) Q2 Revenue Tops Consensus

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Compass Minerals Reports Fiscal 2022 Second-Quarter Results

May 5, 2022 4:23 PM EDT

OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today reported fiscal 2022 second-quarter results.

Fiscal 2022 Second-Quarter and Recent Highlights

Achieved revenue of $449 million, an increase of 5% year over year; profitability tempered by higher distribution and production costs Plant Nutrition pricing increased year over year, reflecting global fertilizer supply-demand conditions Announced substantial expansion of anticipated annual lithium production capacity to approximately 30 to 40 kMT lithium carbonate... More