LSB Industries, Inc. Reports Operating Results for the 2019 Third Quarter

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LSB Industries (LXU) Reports Q3 Revenues Below Consensus

October 28, 2019 4:41 PM EDT

LSB Industries (NYSE: LXU) reported Q3 revenue for the quarter came in at $75.5 million versus the consensus estimate of $79.78 million.

Net sales of $75.5 million for the third quarter of 2019, compared to net sales of $79.8 million for the third quarter of 2018.Net loss of $30.8 million for the third quarter of 2019, compared to net loss of $26.1 million for the third quarter of 2018.Adjusted EBITDA(1) of $11.1 million for the third quarter of 2019, compared to $10.6 million for the third quarter of 2018, which include adjustments for certain legal fees incurred in both periods ($3.3 million and $1.9... More