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Tronox Holdings Sees Higher Revenue For Q1

Tronox Holdings plc (TROX), a producer of titanium products, Monday said it expects first-quarter revenue to be $774 million, an increase of 9% compared to the prior year.

The company sees adjusted earnings before interest, taxes, depreciation, and amortization or adjusted EBITDA of $131 million, above its previous guidance of $100 million -$120 million.

Further, Tronox expects to report a net loss of $9 million for the quarter, compared with net income of $23 million last year.

by RTTNews Staff Writer

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