Intrepid Potash (IPI) Misses Q3 EPS by 78c

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Intrepid Announces Third Quarter 2022 Results

November 2, 2022 4:30 PM EDT

Denver, CO, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid", the "Company", "we", "us", "our") (NYSE: IPI) today reported its results for the third quarter of 2022.

Key Highlights for Third Quarter 2022

Financial & Operational

Total sales of $74.8 million, an increase of $15.6 million compared to the third quarter of 2021, as potash and Trio® average net realized sales prices(1) increased to $734 and $488 per ton, respectively.Net income of $13.1 million (or $0.97 per diluted share), a $9.1 million improvement compared to the third quarter of... More