Chemours Co
For the period ended Jun 30, 2024. Filed Aug 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 1, 2024
CC$13.48+1.5%Stored close · as of Nov 10, 2026
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Interim Consolidated Statements of Operations (Unaudited)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net sales | $1,538 | $1,643 | $2,887 | $3,179 |
| Cost of goods sold | 1,232 | 1,233 | 2,294 | 2,401 |
| Gross profit | 306 | 410 | 593 | 778 |
| Selling, general, and administrative expense | 139 | 779 | 281 | 903 |
| Research and development expense | 26 | 28 | 53 | 54 |
| Restructuring, asset-related, and other charges | 3 | (1) | 7 | 15 |
| Total other operating expenses | 168 | 806 | 341 | 972 |
| Equity in earnings of affiliates | 11 | 13 | 23 | 25 |
| Interest expense, net | (66) | (48) | (128) | (90) |
| Other (expense) income, net | (1) | (2) | 2 | (1) |
| Income (loss) before income taxes | 82 | (433) | 149 | (260) |
| Provision for (benefit from) income taxes | 12 | (57) | 28 | (30) |
| Net income (loss) | 70 | (376) | 121 | (230) |
| Less: Net income attributable to non-controlling interests | — | — | — | 1 |
| Net income (loss) attributable to Chemours | $70 | $(376) | $121 | $(231) |
| Per share data | ||||
| Basic earnings (loss) per share of common stock | $0.47 | $(2.52) | $0.81 | $(1.55) |
| Diluted earnings (loss) per share of common stock | 0.46 | (2.52) | 0.81 | (1.55) |
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