WILMINGTON, Del. (AP) Chemours Co. (CC) on Wednesday reported a loss of $230 million in its fourth quarter.
The Wilmington, Delaware-based company said it had a loss of $1.26 per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were 8 cents per share.
The chemical company posted revenue of $1.32 billion in the period.
For the year, the company reported net income of $7 million, or 4 cents per share, swinging to a profit in the period. Revenue was reported as $5.4 billion.
Chemours shares have increased 48 percent since the beginning of the year. The stock has climbed eightfold in the last 12 months.