secwatch.observer — SEC 8-K summary
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Issuer:     COMPASS MINERALS INTERNATIONAL INC (CMP)
CIK:        0001227654
Form:       8-K
Filed at:   2022-11-29T23:59:59+00:00
Accession:  0001227654-22-000325
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Compass Minerals Q4 rev up 18% to $249.4M; full-year net loss $36.7M; FY23 salt EBITDA guided $215-255M
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- Q4 net loss $4.9M ($0.14/share); adjusted EPS $0.01; full-year net loss $36.7M ($1.08/share), adjusted EPS $0.57.
- Salt segment Q4 rev $188.9M (+18% YoY) on volume +15%, price +3%; full-year op earnings down 34% to $117.4M on inflation.
- Plant Nutrition Q4 rev $57.8M (+17% YoY) driven by avg selling price +48%; full-year op earnings $37.1M vs $9.1M prior year.
- FY23 salt EBITDA range $215-255M assuming normalized weather; highway deicing avg price expected +15%, committed volumes -9%.
- Closed $252M strategic equity partnership with Koch Minerals; LG Energy supply agreement for up to 40% of phase-one lithium output.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1227654/000122765422000325/0001227654-22-000325-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1227654/000122765422000325/cmp-20221129.htm
  HTML page:      https://secwatch.observer/filing/0001227654-22-000325

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