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Stock impact report

Chemours Q4 Earnings: Mixed Results, Moderate Outlook, 'Pathway To Thrive' In Action & More [Yahoo! Finance]

Chemours Company (The) (CC) 
Last chemours company (the) earnings: 2/13 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
2 min read In This Article CC Chemours Q4 Earnings: Mixed Results, Moderate Outlook, 'Pathway To Thrive' In Action & More Chemours Company (NYSE: CC ) shares are trading higher premarket on Tuesday after the company reported fourth-quarter net sales of $1.359 billion, down 1% year-over-year, which was in line with the consensus Net sales declined primarily due to a 3% decrease in pricing, partially offset by a 2% increase in volume, while currency impact remained flat. Titanium Technologies segment net sales declined 3%, while Thermal & Specialized Solutions segment sales rose 3%. Adjusted EBITDA improved 2% Y/Y to $179 million, driven by cost savings from the TT Transformation Plan, favorable inventory adjustments and true-ups in Advanced Performance Materials and higher volumes in TSS segments. Adjusted EPS of $0.11 missed the consensus of $0.12 The company returned to shareholders through dividends of $36 million in the quarter. Operating cash flow stood at $138 Show less Read more
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