secwatch.observer — SEC 8-K summary
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Issuer:     NL INDUSTRIES INC (NL)
CIK:        0000072162
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0000072162-22-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NL reports Q3 net loss of $8.9M ($0.18/sh) vs net income $10.3M a year ago; sales up 24%
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- Net loss driven by $24.2M unrealized loss on marketable equity securities (vs $1.2M loss in Q3 2021).
- Revenue improved to $42.9M (+24% YoY) on higher Marine Components sales to towboat market.
- CompX operating income rose to $6.0M from $5.1M, but production cost increases partially offset gains.
- Equity in earnings of Kronos fell to $6.4M from $10.9M; Kronos TiO2 sales volumes down 20% YoY.
- Nine-month net income $39.9M ($0.82/sh) vs $36.3M ($0.74/sh); sales $126.6M vs $106.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72162/000007216222000009/0000072162-22-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72162/000007216222000009/nl-20221102x8k.htm
  HTML page:      https://secwatch.observer/filing/0000072162-22-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer