Valhi reports Q3 2023 net loss of $6.0M ($0.21/share) vs prior year net income of $26.2M

VALHI INC /DE/

2023-Q3 EPS reported -$0.56 revenue$1,468,700,000

Net loss attributable to Valhi stockholders of $6.0M ($0.21/share) in Q3 2023 vs net income of $26.2M ($0.92/share) in Q3 2022
Chemicals Segment net sales fell 14% to $396.9M; operating loss of $21.8M vs operating income of $34.3M in Q3 2022
TiO2 sales volumes down 6% YoY; average selling prices down 8%; production volumes cut 22% as facilities ran at 73% capacity
First nine months 2023 net loss of $16.0M compared to net income of $99.6M in prior year period

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

VALHI INC /DE/ reported third quarter of 2023 results: net income net loss attributable to Valhi stockholders of $6.0 million, or $.21 per share, EPS $.21 per share.

Period: third quarter of 2023
Net income: net loss attributable to Valhi stockholders of $6.0 million, or $.21 per share
EPS: $.21 per share
Result: reported results

Exact text from the filing

Valhi, Inc. (NYSE: VHI) reported a net loss attributable to Valhi stockholders of $6.0 million, or $.21 per share, in the third quarter of 2023 compared to net income of $26.2 million, or $.92 per share, in the third quarter of 2022.

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Source: SEC EDGAR

accession 0000059255-23-000071

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