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Stock impact report

The Chemours Company Reports Third Quarter 2024 Results and Outlines Refreshed Corporate Strategy

Chemours Company (The) (CC) 
Last chemours company (the) earnings: 2/13 04:15 pm Check Earnings Report
Company Research Source: Business Wire
WILMINGTON, Del.--(BUSINESS WIRE)--The Chemours Company (“Chemours” or “the Company”) (NYSE: CC), a global leader in delivering innovative performance chemistry through Thermal & Specialized Solutions (“TSS”), Titanium Technologies (“TT”), and Advanced Performance Materials (“APM”), today announced its financial results for the third quarter 2024 and provided an update on the Company’s corporate strategy.Key Third Quarter 2024 Results & HighlightsNet Sales of $1.5 billion, in line with the corresponding prior-year quarter, with TSS achieving record third quarter Net Sales, driven by year-over-year growth of 21% in Opteon™ RefrigerantsNet Loss attributable to Chemours of $27 million or $0.18 per diluted share reflecting a non-cash impairment charge of $56 million1, compared with a Net Income attributable to Chemours of $12 million, or $0.08 per diluted share, in the corresponding prior-year quarterAdjusted Net Income2 of $61 million, or $0.40 per diluted share, compared with $65 mi Show less Read more
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