CC Q1 2023 Earnings — The Chemours Company Revenue & Financial Results | Market Cap Arena

CCThe Chemours Company

$3B

Q1 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$1.5B-12.9% YoY

Gross Profit

$368M24.0% margin

Operating Income

$218M14.2% margin

Net Income

$145M9.4% margin

EPS (Diluted)

$0.96

QoQ Revenue Growth

+14.8%

Cash Flow

Operating Cash Flow

-$124M

Free Cash Flow

-$215M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$7.6B

Total Liabilities

$6.4B

Stockholders' Equity

$1.2B

Cash & Equivalents

$816M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.8B	-12.9%
Gross Profit	$368M	$486M	-24.3%
Operating Income	$218M	$314M	-30.6%
Net Income	$145M	$234M	-38.0%

Revenue Segments

Titanium Technologies

$632M41%

Thermal And Specialized Solutions

$486M32%

Advanced Performance Materials

$388M25%

All Other Segments

$30M2%