secwatch.observer — SEC 8-K summary
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Issuer:     NL INDUSTRIES INC (NL)
CIK:        0000072162
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000072162-23-000018
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NL Industries Q1 2023 net loss $6.7M vs net income $18.6M YoY
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- Net loss of $6.7M ($0.14 per share) compared to net income of $18.6M ($0.38 per share) in Q1 2022.
- Unrealized loss of $5.5M on marketable equity securities vs unrealized gain of $0.7M year-over-year.
- CompX net sales down 2% to $41.2M; operating income rose to $7.0M from $6.3M.
- Kronos (equity investee) net sales fell 24% to $426.3M; loss from operations $18.3M vs income $83.3M.
- Kronos TiO2 sales volumes down 29% YoY; production curtailments led to 76% capacity utilization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72162/000007216223000018/0000072162-23-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72162/000007216223000018/nl-20230503x8k.htm
  HTML page:      https://secwatch.observer/filing/0000072162-23-000018

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