NL REPORTS FOURTH QUARTER 2024 RESULTS
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NL Industries, Inc. reported a significant increase in net income for Q4 2024, with $16.5 million compared to $7.6 million in Q4 2023. The full year 2024 net income was $67.2 million, a turnaround from a $2.3 million loss in 2023. The results were influenced by an environmental remediation settlement and changes in marketable equity securities' value.
March 06, 2025 | 9:45 pm
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NL Industries reported a strong Q4 2024 with net income of $16.5M, up from $7.6M in Q4 2023. The full year 2024 net income was $67.2M, reversing a $2.3M loss in 2023. The results were positively impacted by an environmental remediation settlement and changes in marketable equity securities' value.
The significant increase in net income for both Q4 and the full year 2024, along with the reversal from a loss in 2023, is likely to positively impact NL's stock price. The environmental remediation settlement and changes in marketable equity securities' value contributed to these results, indicating strong financial performance.
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