Tronox reported revenue of $578 million for the second quarter 2020, a decrease of 30 percent compared to second quarter 2019 revenues of $827 million on a pro forma basis. Net loss attributable to Tronox was $4 million, or $0.03 per diluted share. Adjusted EBITDA of $142 million decreased 29 percent compared to $200 million on a pro forma basis in the prior-year quarter.
Revenue of $578 million.
Income from operations of $49 million; Net loss of $4 million.
Adjusted EBITDA of $142 million; Adjusted EBITDA margin of 25 percent.
GAAP diluted loss per share of $0.03; Adjusted diluted EPS of $0.03.
Tronox anticipates TiO2 volumes to continue to improve in the third quarter relative to the second quarter and for the zircon market to remain relatively stable as compared to the last several quarters.
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