Chemours Posts 1Q Profit

Chemours Co. (CC) on Monday reported first-quarter earnings of $150 million.

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WILMINGTON, Del. (AP) _ Chemours Co. (CC) on Monday reported first-quarter earnings of $150 million.

On a per-share basis, the Wilmington, Delaware-based company said it had net income of 79 cents. Earnings, adjusted for non-recurring gains, came to 75 cents per share.

The chemical company posted revenue of $1.44 billion in the period.

Chemours shares have climbed 84 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $40.72, more than quadrupling in the last 12 months.

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