Oklahoma City-based LSB Industries, developer of fertilizer and carbon capture efforts, plans a release of its second quarter financial report toward the end of July.
The firm announced its intentions to release the financial results after the close of the stock market on Tuesday, July 29.
LSB’s management will host a conference call on Wednesday, July 30, 2025 at 10:00 am ET / 9:00 am CT to discuss these results. Participating in the call will be Chairman, President & Chief Executive Officer, Mark Behrman, Executive Vice President & Chief Financial Officer, Cheryl Maguire and Executive Vice President & Chief Commercial Officer, Damien Renwick.
LSB recorded increased net sales in the first quarter but also a net loss in net income.
Sales totaled $143.4 million compared to $138.2 million in the first quarter of 2024. The net loss was $1.6 million compared to a net income of $5.6 million a year earlier.
First quarter adjusted EBITDA came to $29.1 million, down from the $32.6 million reported in the first quarter of 2024.
Mark Behrman, LSB Industries’ Chairman & Chief Executive Officer said the company produced more ammonia in the first quarter than a year earlier but saw stronger ammonia selling prices.
But the tariffs announced by the Trump administration were a concern.
“The effect of tariffs is causing uncertainty in our industry and the broader economy. However, we have not seen a significant impact on our markets so far.”