Reports Q1 revenue $138M, consensus $127.66M. “Our first quarter results were consistent with our expectations for a significant improvement relative to our fourth quarter of 2023,” stated Mark Behrman, LSB Industries’ President and CEO. “Selling prices remained lower relative to the prior year quarter as the spike in nitrogen prices experienced in 2022 kept prices elevated during the first quarter of 2023. This was partially offset by a solid increase in sales volumes driven by strong demand for fertilizers, enhanced by our strategic commercial efforts. Additionally, we benefited from a healthy increase in downstream production volumes.”
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