LSB Industries Inc. (LXU) saw its stock surge 5.43% in after-hours trading following the release of its first-quarter financial results for 2026.
The company reported a significant return to profitability, with net income swinging to $19.7 million from a loss in the prior-year period. Net sales rose 18% year-over-year to $169.5 million, driven by higher prices and volumes for its products, particularly ammonium nitrate (AN) and nitric acid.
Management cited tight market conditions and global supply constraints, partly due to the Middle East conflict, as key drivers for the improved performance. The company noted strong demand in North America and its ability to maximize fertilizer output to support U.S. farmers.
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