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Sep 30, 2022
Intrepid Potash Q3 2022 Earnings Report
Reported results for the third quarter of 2022.
Key Takeaways
Intrepid Potash reported strong Q3 2022 results driven by high potash and Trio® prices. Total sales reached $74.8 million, a $15.6 million increase compared to Q3 2021. Net income improved by $9.1 million to $13.1 million (or $0.97 per diluted share), and adjusted EBITDA increased by $13.9 million to $27.0 million.
Total sales increased by $15.6 million compared to the third quarter of 2021, reaching $74.8 million.
Net income improved by $9.1 million compared to the third quarter of 2021, totaling $13.1 million (or $0.97 per diluted share).
Gross margin improved by $16.2 million over the same prior year period, reaching $26.8 million.
Adjusted EBITDA improved by $13.9 million over the same prior year period, totaling $27.0 million.
Revenue by Segment
Forward Guidance
Intrepid continues to deliver strong execution in the backdrop of high fertilizer pricing and a broadly supportive agriculture market.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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