---
schema_version: "secwatch.filing_event.v1"
accession: "0001227654-23-000112"
form_type: "8-K"
ticker: "CMP"
cik: "0001227654"
company_name: "COMPASS MINERALS INTERNATIONAL INC"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:19:17.720109+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Compass Minerals Q2 Operating Earnings Up 140%, Net Loss Narrows

## Summary
- Total company operating earnings improved 140% year over year to $47.9 million, net loss narrowed to $21.6 million from $29.0 million.
- Salt segment adjusted EBITDA per ton improved 64% to $20.19; consolidated adjusted EBITDA rose 19% to $77.4 million.
- Completed acquisition of remaining 55% of Fortress for ~$26M cash plus contingent consideration; expected to be accretive in fiscal 2023.
- Refinanced $250M 4.875% Senior Notes due July 2024 with $200M Term Loan A and expanded revolver to $375M, extending debt maturity.
- Eliminated 49 positions to reduce annual operating expenses by $17-$18 million starting fiscal 2024.

## SEC filing metadata
- accession: 0001227654-23-000112
- form_type: 8-K
- ticker: CMP
- cik: 0001227654
- company_name: COMPASS MINERALS INTERNATIONAL INC
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1227654/000122765423000112/0001227654-23-000112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1227654/000122765423000112/cmp-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001227654-23-000112
- JSON: https://secwatch.observer/filing/0001227654-23-000112.json
- Plain text: https://secwatch.observer/filing/0001227654-23-000112.txt

## Key facts
- Earnings Releases
  COMPASS MINERALS INTERNATIONAL INC reported fiscal 2023 second quarter results: revenue $411.1, net income ($21.6), EPS ($0.53).
  - Period: fiscal 2023 second quarter
  - Revenue: $411.1
  - Net income: ($21.6)
  - EPS: ($0.53)
  - Result: reported results
  source text: Reports Second Quarter Earnings Page 2 of 18 FINANCIAL RESULTS 1 (in millions, except per share data) Three Months Ended March 31, 2023 Six Months Ended March 31, 2023 Revenue $ 411.1 $ 763.5 Operating earnings 47.9 75.8 Adjusted operating earnings 50.8 79.0 Adjusted EBITDA * 77.4 139.2 Net loss (21.6) (21.9) Net loss per diluted share (0.53) (0.55) Adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1227654/000122765423000112/0001227654-23-000112-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.