|
 |
|
|
|||
|
 |
|
Aug. 8, 2025 Source: Intrepid Potash news release DENVER -- Intrepid Potash, Inc. ("Intrepid", "the Company", "we", "us", or "our") (NYSE:IPI) today reported its results for the second quarter of 2025. Second Quarter Highlights & Management Commentary Improved pricing, steady demand for potash and Trio®, and solid unit economics led to another quarter of strong financial results, highlighted by: *Total sales of $71.5 million; *Net income of $3.3 million, or $0.25 per diluted share; Adjusted net income (1) of $6.0 million, or $0.45 per diluted share; *Adjusted EBITDA (1) of $16.4 million; and *Cash flow from operations of $39.9 million, and capital expenditures of $4.1 million. Kevin Crutchfield, Intrepid's Chief Executive Officer, commented: "In the second quarter, we again delivered results that exceeded our expectations, and I'd like to congratulate the team on achieving strong performance across the board. Owing to supportive potash market fundamentals, and steady demand for our potash and Trio®, our second quarter was highlighted by solid pricing and sales volumes, which helped drive higher gross margins in both segments compared to the prior year. On a consolidated basis, our adjusted EBITDA(1) of $16.4 million was roughly 75% higher than last year's second quarter, while our cash flow from operations of $39.9 million helped Intrepid end the quarter in a very strong financial position. Looking ahead, we'll continue to remain focused on strong operational and project execution, while the potash market continues to see pricing support driven by strong underlying fundamentals. Overall, we're very pleased with our performance and we remain constructive on the outlook for the balance of the year." To read the entire report click here. Tweet |
|
|
|
|
|
|
|
|
|||||||||||||
