secwatch.observer — SEC 8-K summary
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Issuer:     COMPASS MINERALS INTERNATIONAL INC (CMP)
CIK:        0001227654
Form:       8-K
Filed at:   2024-09-17T23:59:59+00:00
Accession:  0001227654-24-000168
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Compass Minerals preliminary Q3 net loss $43.6M; updates FY2024 guidance, restatement ongoing
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- Preliminary Q3 revenue $202.9M, net loss $43.6M ($1.05 loss per share), adj. net loss $42.1M ($1.01 loss per share).
- Salt segment adj. EBITDA $41.6M ($28.05/ton); FY2024 Salt adj. EBITDA guidance raised to $215-$225M.
- Plant Nutrition realized price $691.27/ton (+2% sequentially), rev $38.8M, adj. EBITDA $7.2M.
- Historical accounting restatement related to Fortress acquisition continues; no material impact on core business fundamentals.
- Liquidity $220.8M; net leverage 4.3x; credit agreement amended for delayed compliance certification.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1227654/000122765424000168/0001227654-24-000168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1227654/000122765424000168/cmp-20240917.htm
  HTML page:      https://secwatch.observer/filing/0001227654-24-000168

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