The Chemours Company Q4 Profit Retreats 95%

(RTTNews) - The Chemours Company (CC) released earnings for fourth quarter that fell compared to the same period last year.

The company said its bottom line declined to $5 million, or $0.03 per share. This was down from $91 million, or $0.50 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 12.3% to $1.36 billion. This was down from $1.55 billion last year.

The Chemours Company earnings at a glance:

-Earnings (Q4): $5 Mln. vs. $91 Mln. last year. -Earnings Decline (Y-o-Y): -94.5% -EPS (Q4): $0.03 vs. $0.50 last year. -EPS Decline (Y-o-Y): -94.0% -Revenue (Q4): $1.36 Bln vs. $1.55 Bln last year. -Revenue Change (Y-o-Y): -12.3%