secwatch.observer — SEC 8-K summary
======================================

Issuer:     COMPASS MINERALS INTERNATIONAL INC (CMP)
CIK:        0001227654
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001227654-24-000034
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Compass Minerals Q1 net loss $75.1M; terminates lithium project, takes $77M charge
--------------------------------------------------------------------------------

- Revenue $341.7M (-3% YoY); GAAP diluted EPS -$1.83; adjusted diluted EPS $0.05.
- Salt segment adjusted EBITDA $65.7M (+8% YoY); adjusted EBITDA per ton $23.01 (+33%).
- Plant Nutrition sales volumes up 67% YoY; avg price down 29% to ~$660/ton.
- Terminated lithium project, incurred $74.8M impairment and $2.5M restructuring charge.
- FY 2024 guidance: Salt adj. EBITDA $230-270M; Plant Nutrition adj. EBITDA $15-35M (revised down).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1227654/000122765424000034/0001227654-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1227654/000122765424000034/cmp-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001227654-24-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer