NL Industries Full Year 2023 Earnings: US$0.047 loss per share (vs US$0.69 profit in FY 2022)

NL Industries (NYSE:NL) Full Year 2023 Results

Key Financial Results

• Revenue: US$161.3m (down 3.2% from FY 2022).
• Net loss: US$2.31m (down by 107% from US$33.8m profit in FY 2022).
• US$0.047 loss per share (down from US$0.69 profit in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the United States segment contributing a total revenue of US$155.1m (96% of total revenue). Notably, cost of sales worth US$112.1m amounted to 69% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$32.6m (63% of total expenses). Explore how NL's revenue and expenses shape its earnings.

NL Industries shares are up 7.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for NL Industries that you need to take into consideration.

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