Compass Minerals International, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2023
November 17, 2023 at 03:00 am IST
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Compass Minerals International, Inc. reported earnings results for the fourth quarter and full year ended September 30, 2023. For the fourth quarter, the company reported sales was USD 233.6 million compared to USD 249.4 million a year ago. Net loss was USD 2.5 million compared to USD 7.5 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.16 a year ago. Diluted loss per share from continuing operations was USD 0.06 compared to USD 0.16 a year ago. Basic loss per share was USD 0.06 compared to USD 0.22 a year ago. Diluted loss per share was USD 0.06 compared to USD 0.22 a year ago.
For the full year, sales was USD 1,204.7 million compared to USD 1,244.1 million a year ago. Net income was USD 15.5 million compared to net loss of USD 25.1 million a year ago. Basic earnings per share from continuing operations was USD 0.37 compared to basic loss per share from continuing operations of USD 1.1 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to diluted loss per share from continuing operations of USD 1.1 a year ago. Basic earnings per share was USD 0.37 compared to basic loss per share of USD 0.74 a year ago. Diluted earnings per share was USD 0.37 compared to diluted loss per share of USD 0.74 a year ago.
Compass Minerals International, Inc. is a provider of essential minerals focused on safely delivering where and when it matters to help solve natureâs challenges for customers and communities. The Companyâs segments include Salt and Plant Nutrition. The Salt segment produces and markets salt, consisting of sodium chloride and magnesium chloride, for use in road deicing for winter roadway safety and for dust control, food processing, water softeners and other consumer, agricultural and industrial applications. The Salt segment provides highway deicing salt to customers in North America and the United Kingdom. The Plant Nutrition segment produces and markets various grades of sulfate of potash, which is used in the production of specialty fertilizers for high-value crops and turf and helps improve the quality and yield of crops, while supporting sustainable agriculture. It operates 12 production and packaging facilities throughout the United States, Canada and the United Kingdom.
COMPASS MINERALS INTERNATIONAL, INC. 
