The Chemours Company (CC) on Tuesday reported first-quarter results with revenue edging higher from last year, while losses widened amid higher costs.
The company posted net sales of $1.38 billion for the three months ended March 31, 2026, compared with $ 1.36 billion a year earlier. Net loss widened to $29 million from $5 million in the prior-year quarter.
Gross profit declined to $212 million from $236 million last year, while total other operating expenses were $186 million compared with $183 million.
Selling, general and administrative expenses rose to $147 million from $123 million, while research and development expenses were $26 million versus $27 million a year ago.
Looking ahead, Chemours expects second-quarter net sales to increase 15 percent to 20 percent sequentially, with adjusted EBITDA projected between $220 million and $250 million.
Loss per share was $0.19 for the quarter, compared with a loss of $0.03 per share in the same period last year.
CC is currently trading after hours at $27.15, down $0.79 or 2.83 percent on the New York Stock Exchange.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.