OLN earnings
Olin Corporation (OLN) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Olin Announces First Quarter 2026 ResultsHighlights First quarter 2026 net loss of ($83.0) million, or ($0.73) per diluted shareQuarterly adjusted EBITDA of $86.2 millionCLAYTON, Mo., May 7, 2026 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced financial results for the first quarter ended March 31, 2026. First quarter 2026 reported net loss was ($83.0) million, or ($0.73) per diluted share, which compares to first quarter 2025 reported net income of $1.4 million, or $0.01 per diluted share. First quarter 2026 adjusted EBITDA of $86.2 million excludes depreciation and amortization expense of $117.2 million, restru
- Olin Corporation First Quarter 2026 Earnings Conference Call AnnouncementCLAYTON, Mo., April 2, 2026 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, May 8, 2026, at 9:00 a.m. Eastern time, Olin's senior management will review the company's first quarter 2026 financial results. Our prepared remarks will be followed by a question-and-answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, May 7, 2026, together with the associated slides.CONFERENCE CALL & WEBCAST DETAILSU.S. callers may access the conference toll-free by dialing (877) 883
- Olin Announces Fourth Quarter 2025 ResultsHighlights Fourth quarter 2025 net loss of ($85.7) million, or ($0.75) per diluted shareQuarterly adjusted EBITDA of $67.7 millionYear-end 2025 net debt comparable to year-end 2024CLAYTON, Mo., Jan. 29, 2026 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced financial results for the fourth quarter ended December 31, 2025. Fourth quarter 2025 reported net loss was ($85.7) million, or ($0.75) per diluted share, which compares to fourth quarter 2024 reported net income of $10.7 million, or $0.09 per diluted share. Fourth quarter 2025 adjusted EBITDA of $67.7 million excludes depreciation and amortization expense of $125.7 million and restructuring charges of $19.1 million. Fourth quarter 2
- Olin Corporation Fourth Quarter 2025 Earnings Conference Call AnnouncementCLAYTON, Mo., Jan. 6, 2026 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, January 30, 2026, at 9:00 a.m. Eastern time, Olin's senior management will review the company's fourth quarter 2025 financial results. Our prepared remarks will be followed by a question-and-answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, January 29, 2026, together with the associated slides. CONFERENCE CALL & WEBCAST DETAILS U.S. callers may access the conference toll-free by dia
- Olin Announces Third Quarter 2025 ResultsHighlights Third quarter 2025 net income of $42.8 million, or $0.37 per diluted shareQuarterly adjusted EBITDA of $222.4 millionCLAYTON, Mo., Oct. 27, 2025 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced financial results for the third quarter ended September 30, 2025. Third quarter 2025 reported net income was $42.8 million, or $0.37 per diluted share, which compares to third quarter 2024 reported net loss of ($24.9) million, or ($0.21) per diluted share. Third quarter 2025 adjusted EBITDA of $222.4 million excludes depreciation and amortization expense of $133.8 million, restructuring charges of $2.9 million, and environmental insurance recoveries of $1.0 million. Third quarter 2025
- Olin Corporation Third Quarter 2025 Earnings Conference Call AnnouncementCLAYTON, Mo., Sept. 26, 2025 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Tuesday, October 28, 2025, at 9:00 a.m. Eastern time, Olin's senior management will review the company's third quarter 2025 financial results. Our prepared remarks will be followed by a question-and-answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Monday, October 27, 2025, together with the associated slides. CONFERENCE CALL & WEBCAST DETAILS U.S. callers may access the conference toll-free by di
- Olin Announces Second Quarter 2025 ResultsHighlights Second quarter 2025 net loss of ($1.3) million, or ($0.01) per diluted shareQuarterly adjusted EBITDA of $176.1 millionSecond quarter 2025 operating cash flow of $212.3 millionFunded acquisition, reduced debt, and repurchased shares in quarterCLAYTON, Mo., July 28, 2025 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced financial results for the second quarter ended June 30, 2025. Second quarter 2025 reported net loss was ($1.3) million, or ($0.01) per diluted share, which compares to second quarter 2024 reported net income of $74.2 million, or $0.62 per diluted share. Second quarter 2025 adjusted EBITDA of $176.1 million excludes depreciation and amortization expense of $129.
- Olin Corporation Second Quarter 2025 Earnings Conference Call AnnouncementCLAYTON, Mo., June 26, 2025 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Tuesday, July 29, 2025, at 9:00 a.m. Eastern time, Olin's senior management will review the company's second quarter 2025 financial results. Our prepared remarks will be followed by a question-and-answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Monday, July 28, 2025, together with the associated slides. CONFERENCE CALL & WEBCAST DETAILS U.S. callers may access the conference toll-free by dialing (
- Olin Announces First Quarter 2025 ResultsHighlights First quarter 2025 net income of $1.4 million, or $0.01 per diluted shareQuarterly adjusted EBITDA of $185.6 millionCLAYTON, Mo., May 1, 2025 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced financial results for the first quarter ended March 31, 2025. First quarter 2025 reported net income was $1.4 million, or $0.01 per diluted share, which compares to first quarter 2024 reported net income of $48.6 million, or $0.40 per diluted share. First quarter 2025 adjusted EBITDA of $185.6 million excludes depreciation and amortization expense of $132.2 million and restructuring charges of $4.0 million. First quarter 2024 adjusted EBITDA was $242.1 million. Sales in the first quarter
- Olin Corporation First Quarter 2025 Earnings Conference Call AnnouncementCLAYTON, Mo., March 25, 2025 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, May 2, 2025, at 9:00 a.m. Eastern time, Olin's senior management will review the company's first quarter 2025 financial results. Prepared remarks will be followed by a question-and-answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, May 1, 2025, together with the associated slides. CONFERENCE CALL & WEBCAST DETAILS U.S. callers may access the conference toll-free by dialing (877) 88
- Olin Announces Fourth Quarter 2024 ResultsHighlights Fourth quarter 2024 net income of $10.7 million, or $0.09 per diluted shareQuarterly adjusted EBITDA of $193.4 millionCLAYTON, Mo., Jan. 30, 2025 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced financial results for the fourth quarter ended December 31, 2024. Fourth quarter 2024 reported net income was $10.7 million, or $0.09 per diluted share, which compares to fourth quarter 2023 reported net income of $52.9 million, or $0.43 per diluted share. Fourth quarter 2024 adjusted EBITDA of $193.4 million excludes depreciation and amortization expense of $129.2 million and restructuring charges of $10.3 million. Fourth quarter 2023 adjusted EBITDA was $210.1 million. Sales in the
- Olin Corporation Fourth Quarter 2024 Earnings Conference Call AnnouncementCLAYTON, Mo., Jan. 7, 2025 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, January 31, 2025, at 9:00 a.m. Eastern time, Olin's senior management will review the company's fourth quarter 2024 financial results. Prepared remarks will be followed by a question-and-answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, January 30, 2025, together with the associated slides. CONFERENCE CALL INFORMATION US callers may access the conference toll-free by dialing (877) 8
- Olin Announces Third Quarter 2024 ResultsHighlights Third quarter 2024 net loss of ($24.9) million, or ($0.21) per diluted shareQuarterly adjusted EBITDA of $160.3 millionCLAYTON, Mo., Oct. 24, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced financial results for the third quarter ended September 30, 2024. Third quarter 2024 reported net loss was ($24.9) million, or ($0.21) per diluted share, which compares to third quarter 2023 reported net income of $104.1 million, or $0.82 per diluted share. Third quarter 2024 adjusted EBITDA of $160.3 million excludes depreciation and amortization expense of $130.2 million and restructuring charges of $7.9 million. Third quarter 2023 adjusted EBITDA was $314.8 million. Sales in the t
- Olin Corporation Third Quarter 2024 Earnings Conference Call AnnouncementCLAYTON, Mo., Sept. 30, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, October 25, 2024, at 9:00 a.m. Eastern time, Olin's senior management will review the company's third quarter 2024 financial results. Prepared remarks will be followed by a question and answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, October 24, 2024, together with the associated slides. CONFERENCE CALL INFORMATION Interested US participants may access the conference call toll f
- Olin Announces Second Quarter 2024 ResultsHighlights Second quarter 2024 net income of $74.2 million, or $0.62 per diluted shareQuarterly adjusted EBITDA of $278.1 millionShare repurchases of $106.0 million in second quarter 2024CLAYTON, Mo., July 25, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced financial results for the second quarter ended June 30, 2024. Second quarter 2024 reported net income was $74.2 million, or $0.62 per diluted share, which compares to second quarter 2023 reported net income of $146.9 million, or $1.13 per diluted share. Second quarter 2024 adjusted EBITDA of $278.1 million excludes depreciation and amortization expense of $129.0 million and restructuring charges of $6.8 million. Second quarter
- Olin Corporation Second Quarter 2024 Earnings Conference Call AnnouncementCLAYTON, Mo., July 2, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, July 26, 2024, at 9:00 a.m. Eastern time, Olin's senior management will review the company's second quarter 2024 financial results. Prepared remarks will be followed by a question and answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, July 25, 2024, together with the associated slides. CONFERENCE CALL INFORMATION Interested US participants may access the conference call toll free by
- Olin Announces First Quarter 2024 ResultsHighlights First quarter 2024 net income of $48.6 million, or $0.40 per diluted shareQuarterly adjusted EBITDA of $242.1 millionShare repurchases of $105.4 million in first quarter 2024CLAYTON, Mo., April 25, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced financial results for the first quarter ended March 31, 2024. First quarter 2024 reported net income was $48.6 million, or $0.40 per diluted share, which compares to first quarter 2023 reported net income of $156.3 million, or $1.16 per diluted share. First quarter 2024 adjusted EBITDA of $242.1 million excludes depreciation and amortization expense of $129.7 million and restructuring charges of $8.3 million. First quarter 2023
- Olin Corporation First Quarter 2024 Earnings Conference Call AnnouncementCLAYTON, Mo., March 28, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, April 26, 2024, at 9:00 a.m. Eastern time, Olin's senior management will review the company's first quarter 2024 financial results. Prepared remarks will be followed by a question and answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, April 25, 2024, together with the associated slides. CONFERENCE CALL INFORMATION Interested US participants may access the conference call toll free
- Olin Announces Fourth Quarter 2023 ResultsHighlights Fourth quarter 2023 net income of $52.9 million, or $0.43 per diluted shareQuarterly adjusted EBITDA of $210.1 millionShare repurchases of $711.3 million in 2023Expect 2024 adjusted EBITDA to improve from 2023CLAYTON, Mo., Jan. 25, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced financial results for the fourth quarter ended December 31, 2023. Fourth quarter 2023 reported net income was $52.9 million, or $0.43 per diluted share, which compares to fourth quarter 2022 reported net income of $196.6 million, or $1.43 per diluted share. Fourth quarter 2023 adjusted EBITDA of $210.1 million excludes depreciation and amortization expense of $128.5 million, insurance recoverie
- Olin Corporation Fourth Quarter 2023 Earnings Conference Call AnnouncementCLAYTON, Mo., Dec. 21, 2023 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Friday, January 26, 2024 at 9:00 a.m. Eastern time, Olin's senior management will review the company's fourth quarter 2023 financial results. Prepared remarks will be followed by a question and answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, January 25, 2024, together with the associated slides. CONFERENCE CALL INFORMATION Interested US participants may access the conference call toll f
- Olin Corporation Third Quarter 2023 Earnings Conference Call AnnouncementCLAYTON, Mo., Sept. 29, 2023 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Friday, October 27, 2023 at 9:00 a.m. Eastern time, Olin's senior management will review the company's third quarter 2023 financial results. Prepared remarks will be followed by a question and answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, October 26, 2023, together with the associated slides. CONFERENCE CALL INFORMATION Interested US participants may access the conference call toll f
- Olin Announces Second Quarter 2023 ResultsHighlights Second quarter 2023 net income of $146.9 million, or $1.13 per diluted shareQuarterly adjusted EBITDA of $351.1 millionShare repurchases of $186.9 million in second quarter 2023Expect 2023 adjusted EBITDA in the $1.4 billion rangeCLAYTON, Mo., July 27, 2023 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced financial results for the second quarter ended June 30, 2023. Second quarter 2023 reported net income was $146.9 million, or $1.13 per diluted share, which compares to second quarter 2022 reported net income of $422.1 million, or $2.76 per diluted share. Secon
- Olin Corporation Second Quarter 2023 Earnings Conference Call AnnouncementCLAYTON, Mo., June 29, 2023 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, July 28, 2023 at 9:00 a.m. Eastern time, Olin's senior management will review the company's second quarter 2023 financial results. Prepared remarks will be followed by a question and answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, July 27, 2023, together with the associated slides. CONFERENCE CALL INFORMATION Interested US and Canada participants may access the conference call t
- Olin Announces First Quarter 2023 ResultsHighlights First quarter 2023 net income of $156.3 million, or $1.16 per diluted shareQuarterly adjusted EBITDA of $434.1 millionShare repurchases of $206.1 million in first quarter 2023Expect 2023 adjusted EBITDA of $1.6 to $1.9 billionCLAYTON, Mo., April 27, 2023 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced financial results for the first quarter ended March 31, 2023. First quarter 2023 reported net income was $156.3 million, or $1.16 per diluted share, which compares to first quarter 2022 reported net income of $393.0 million, or $2.48 per diluted share. First quar
- Olin Corporation First Quarter 2023 Earnings Conference Call AnnouncementCLAYTON, Mo., March 29, 2023 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, April 28, 2023 at 9:00 a.m. Eastern time, Olin's senior management will review the company's first quarter 2023 financial results. Prepared remarks will be followed by a question and answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, April 27, 2023, together with the associated slides. CONFERENCE CALL INFORMATIONInterested participants may access the conference call by dialing (877
- Olin Announces Fourth Quarter 2022 ResultsHighlights Fourth quarter 2022 net income of $196.6 million, or $1.43 per diluted shareQuarterly adjusted EBITDA of $441.8 millionShare repurchases of $1.35 billion in 2022Expect 2023 adjusted EBITDA of $1.5 to $2.0 billionCLAYTON, Mo., Jan. 26, 2023 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced financial results for the fourth quarter ended December 31, 2022. Fourth quarter 2022 reported net income was $196.6 million, or $1.43 per diluted share, which compares to fourth quarter 2021 reported net income of $306.6 million, or $1.89 per diluted share. Fourth quarter 2022 adjusted EBITDA of $441.8 million excludes depreciation and amortization expense of $148.5 million and restructuring
- Olin Corporation Fourth Quarter 2022 Earnings Conference Call AnnouncementCLAYTON, Mo., Dec. 22, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, January 27, 2022 at 9:00 a.m. Eastern time, Olin's senior management will review the company's fourth quarter 2022 financial results. Prepared remarks will be followed by a question and answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, January 26, 2022, together with the associated slides. CONFERENCE CALL INFORMATIONInterested participants may access the conference call by dialing
- Olin Announces Third Quarter 2022 ResultsHighlights Third quarter 2022 net income of $315.2 million, or $2.18 per diluted shareQuarterly adjusted EBITDA of $547.8 millionShare repurchases of $410.9 million in third quarter 2022CLAYTON, Mo., Oct. 26, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced financial results for the third quarter ended September 30, 2022. Third quarter 2022 reported net income was $315.2 million, or $2.18 per diluted share, which compares to third quarter 2021 reported net income of $390.7 million, or $2.38 per diluted share. Third quarter 2022 adjusted EBITDA of $547.8 million excludes depreciation and amortization expense of $149.8 million, gains on sale of former manufacturing facilities of $
- Olin Updates Third Quarter 2022 Outlook and Announces Earnings Conference CallCLAYTON, Mo., Sept. 20, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today it now expects third quarter 2022 adjusted EBITDA to be in the range of $530 - $550 million. On July 28, 2022, we previously guided third quarter 2022 adjusted EBITDA to decline approximately 15% from our second quarter 2022 adjusted EBITDA of $727 million. Scott Sutton, Chairman, President, and Chief Executive Officer, said, "We have seen global economic conditions worsen faster than expected with an accelerated deterioration in both European and North American demand particularly in epo
- Olin Announces Second Quarter 2022 Results and $2 Billion Share Repurchase ProgramHighlights Second quarter 2022 net income of $422.1 million, or $2.76 per diluted shareRecord quarterly adjusted EBITDA of $727.3 millionShare repurchases of $426.5 million in second quarter 2022Expect 2022 adjusted EBITDA to be $2.5 billion to $2.7 billionCLAYTON, Mo., July 28, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced financial results for the second quarter ended June 30, 2022. Olin also announced that its Board of Directors approved a new $2.0 billion share repurchase program ("2022 Share Repurchase Program"). Second quarter 2022 reported net income was $
- Olin Corporation Second Quarter 2022 Earnings Conference Call AnnouncementCLAYTON, Mo., July 6, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, July 29, 2022 at 9:00 a.m. Eastern time, Olin's senior management will review the company's second quarter 2022 financial results. Prepared remarks will be followed by a question and answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, July 28, 2022, together with the associated slides. CONFERENCE CALL INFORMATIONInterested participants may access the conference call by dialing (877) 8
- OLIN ANNOUNCES FIRST QUARTER 2022 RESULTSHighlights First quarter 2022 net income of $393.0 million, or $2.48 per diluted shareRecord quarterly adjusted EBITDA of $710.9 millionShare repurchases of $263.2 million in first quarter 2022Expect 2022 adjusted EBITDA to improve to $2.6 billion to $2.9 billionCLAYTON, Mo., April 28, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced financial results for the first quarter ended March 31, 2022. First quarter 2022 reported net income was $393.0 million, or $2.48 per diluted share, which compares to first quarter 2021 reported net income of $243.6 million, or $1.51 per
- Olin Corporation First Quarter 2022 Earnings Conference Call AnnouncementCLAYTON, Mo., March 28, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, April 29, 2022 at 9:00 a.m. Eastern time, Olin's senior management will review the company's first quarter 2022 financial results. Prepared remarks will be followed by a question and answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, April 28, 2022, together with the associated slides. CONFERENCE CALL INFORMATION Interested participants may access the conference call by dialing (8
- OLIN ANNOUNCES FOURTH QUARTER 2021 RESULTSCLAYTON, Mo., Jan. 27, 2022 /PRNewswire/ -- Highlights Fourth quarter 2021 net income of $306.6 million and adjusted EBITDA of $686.7 million Net debt to adjusted EBITDA ratio down to 1.0 times Share repurchases of $183.6 million in fourth quarter 2021 Expects 2022 adjusted EBITDA to improve to $2.5 billion to $2.8 billionOlin Corporation (NYSE:OLN) announced financial results for the fourth quarter ended December 31, 2021. Fourth quarter 2021 reported net income was $306.6 million, or $1.89 per diluted share, which compares to fourth quarter 2020 reported net loss of $33.0 mi
- Olin Corporation Fourth Quarter Earnings Conference Call AnnouncementCLAYTON, Mo., Jan. 4, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, January 28, 2022 at 9:00 a.m. Eastern time, Olin's senior management will review the company's fourth quarter 2021 financial results. Prepared remarks will be followed by a question and answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, January 27, 2022, together with the associated slides. CONFERENCE CALL INFORMATION Interested participants may access the conference call by dialing
- Olin Announces Third Quarter 2021 ResultsCLAYTON, Mo., Oct. 21, 2021 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced financial results for the third quarter ended September 30, 2021. Third quarter 2021 reported net income was $390.7 million, or $2.38 per diluted share, which compares to third quarter 2020 reported net loss of $736.8 million, or $4.67 per diluted share. Third quarter 2021 adjusted EBITDA of $707.0 million excludes depreciation and amortization expense of $145.2 million and restructuring charges of $3.6 million. Third quarter 2020 adjusted EBITDA was $195.5 million. Sales in the third quarter
- Olin Corporation Third Quarter Earnings Conference Call AnnouncementCLAYTON, Mo., Sept. 22, 2021 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that on Friday, October 22, 2021 at 9:00 a.m. Eastern time, Olin's senior management team will review the company's third quarter 2021 financial results. Prepared remarks will be followed by a question and answer period. A press release, including financial statements and segment information, will be distributed after the market closes on Thursday, October 21, 2021, together with the associated slides. CONFERENCE CALL INFORMATION Interested participants may access the conference call by d
- Olin Announces Second Quarter 2021 ResultsCLAYTON, Mo., July 27, 2021 /PRNewswire/ -- Second Quarter 2021 Highlights Net income of $355.8 million and record adjusted EBITDA of $559.2 million ECU Profit Contribution Index improved by 30% compared to first quarter Epoxy and Winchester achieved record quarterly segment earningsOlin Corporation (NYSE:OLN) announced financial results for the second quarter ended June 30, 2021. Second quarter 2021 reported net income was $355.8 million, or $2.17 per diluted share, which compares to second quarter 2020 reported net loss of $120.1 million, or $0.76 per diluted share. Second