Calumet loss narrows to $95.9 million
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Calumet (NASDAQ:CLMT) reported a Q2 2026 net loss of $95.9 million, or $1.09 per share, compared with a $147.9 million loss a year earlier.
Calumet (NASDAQ:CLMT) reported a Q2 2026 net loss of $95.9 million, or $1.09 per share, compared with a $147.9 million loss a year earlier.
Calumet (NASDAQ:CLMT) reported a first-quarter 2026 net loss of $317 million, or $3.64 per share, as the company navigated a period of heavy maintenance and non-cash accounting volatility.
Calumet (NASDAQ:CLMT) reported a net loss of $33.8 million, or $0.39 per share, for the fiscal year 2025, but highlighted a series of structural overhauls that have significantly de-risked its balance sheet.
Calumet (NASDAQ:CLMT) released a preliminary fiscal 2025 update on Tuesday, signaling a major turning point in its effort to repair a stretched balance sheet.
Despite projecting a net loss between $69 million and $12 million, the Indianapolis-based specialty products maker highlighted a significant reduction in restricted debt and a "transformed" outlook for its high-growth renewable energy subsidiary.
