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OKLAHOMA CITY (AP) – LSB Industries Inc. (LXU) on Monday reported a loss of $27.7 million in its fourth quarter.
The Oklahoma City-based company said it had a loss of $1.30 per share. Losses, adjusted for non-recurring costs, came to 92 cents per share. The chemical maker posted revenue of $73.9 million in the period. For the year, the company reported that its loss narrowed to $63.4 million, or $3.44 per share. Revenue was reported as $365.1 million. In the final minutes of trading on Monday, the company’s shares hit $2.29. A year ago, they were trading at $7.58.