NL Industries reports Q1 net income of $6.8M vs. net loss of $6.7M a year ago

NL INDUSTRIES INC

2024-Q1 EPS reported $0.14 revenue$37,971,000

EPS of $0.14, compared to ($0.14) in Q1 2023; includes $2.4M unrealized gain on marketable securities.
CompQ net sales fell to $38.0M from $41.2M; income from operations decreased to $3.7M from $7.0M.
Equity in earnings of Kronos was $2.5M vs. equity in losses of $4.6M; Kronos sales up 12% to $478.8M.
Kronos TiO2 sales volumes rose 28% YoY; production capacity utilization improved to 87% from 76%.
Corporate expenses declined $0.4M due to lower litigation fees; interest income increased $0.6M.

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 1.0

NL INDUSTRIES INC reported the first quarter of 2024 results: net income $6.8 million, EPS $.14 per share.

Period: the first quarter of 2024
Net income: $6.8 million
EPS: $.14 per share
Result: reported results

Exact text from the filing

NL Industries, Inc. (NYSE: NL) today reported net income attributable to NL stockholders of $6.8 million, or $.14 per share, in the first quarter of 2024 compared to a net loss attributable to NL stockholders of $6.7 million, or $.14 per share, in the first quarter of 2023.

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Source: SEC EDGAR

accession 0000072162-24-000016

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