Welcome to our dedicated page for N L Inds news (Ticker: NL), a resource for investors and traders seeking the latest updates and insights on N L Inds stock.
NL Inds Inc (NYSE: NL) delivers precision-engineered components through subsidiary CompX International, serving industries from healthcare to transportation. This news hub provides investors with essential updates about strategic developments and operational milestones.
Access official press releases and verified news covering quarterly earnings, manufacturing innovations, and market expansion initiatives. Our curated collection helps stakeholders track the company's progress in global markets while maintaining awareness of its competitive positioning.
Discover updates spanning product launches, production facility developments, and leadership announcements. All content is sourced directly from company communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to NL Inds Inc's latest business developments. Check regularly to stay informed about critical updates affecting one of the manufacturing sector's specialized component producers.
NL Industries, Inc. (NYSE: NL) reported net income of $6.8 million in Q1 2024, compared to a net loss in Q1 2023. CompX net sales decreased to $38.0 million in Q1 2024. Kronos saw a 12% increase in net sales to $478.8 million in Q1 2024, driven by higher sales volumes and lower TiO2 selling prices.
NL Industries reported a net loss of $6.1 million, or $0.13 per share, for Q4 2022, down from a profit of $14.9 million, or $0.31 per share, in Q4 2021. For the full year, net income decreased to $33.8 million, or $0.69 per share, from $51.2 million, or $1.05 per share, in 2021. Q4 net sales rose to $40 million, up from $34.1 million in Q4 2021, driven by marine components sales. The company faced an unrealized loss of $3.8 million in Q4 2022 compared to a $6.5 million gain in Q4 2021. Kronos reported a significant decline in sales volumes and a loss from operations of $19.7 million in Q4 2022, impacted by weakened demand and production curtailments.
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