secwatch.observer — SEC 8-K summary
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Issuer:     NL INDUSTRIES INC (NL)
CIK:        0000072162
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0000072162-24-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72162/000007216224000016/0000072162-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72162/000007216224000016/nl-20240508x8k.htm
  HTML page:      https://secwatch.observer/filing/0000072162-24-000016

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