Chemours Co
For the period ended Sep 30, 2024. Filed Nov 4, 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.
Sep 30, 2024 · Filed Nov 4, 2024
CC$13.48+1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Interim Consolidated Statements of Operations (Unaudited)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net sales | $1,501 | $1,487 | $4,388 | $4,666 |
| Cost of goods sold | 1,215 | 1,214 | 3,510 | 3,615 |
| Gross profit | 286 | 273 | 878 | 1,051 |
| Selling, general, and administrative expense | 135 | 165 | 416 | 1,067 |
| Research and development expense | 29 | 28 | 83 | 82 |
| Restructuring, asset-related, and other charges | 45 | 126 | 52 | 141 |
| Goodwill impairment charge | 56 | — | 56 | — |
| Total other operating expenses | 265 | 319 | 607 | 1,290 |
| Equity in earnings of affiliates | 11 | 13 | 34 | 38 |
| Interest expense, net | (69) | (55) | (197) | (145) |
| Loss on extinguishment of debt | — | (1) | — | (1) |
| Other income, net | 7 | 102 | 10 | 100 |
| (Loss) income before income taxes | (30) | 13 | 118 | (247) |
| (Benefit from) provision for income taxes | (3) | 1 | 24 | (28) |
| Net (loss) income | (27) | 12 | 94 | (219) |
| Less: Net income attributable to non-controlling interests | — | — | — | 1 |
| Net (loss) income attributable to Chemours | $(27) | $12 | $94 | $(220) |
| Per share data | ||||
| Basic (loss) earnings per share of common stock | $(0.18) | $0.08 | $0.63 | $(1.47) |
| Diluted (loss) earnings per share of common stock | (0.18) | 0.08 | 0.63 | (1.47) |
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