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Chemours Co. Reports Second Quarter Loss

Chemours website

WILMINGTON, Del. (AP) - WILMINGTON, Del. (AP) - Chemours Co. (CC) on Monday reported a loss of $18 million in its second quarter.

The Wilmington, Delaware-based company said it had a loss of 10 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, were 27 cents per share.

The chemical company posted revenue of $1.38 billion in the period.

Chemours shares have climbed 74 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $9.31, a fall of 16 percent in the last 12 months.

Don Rush is the News Director and Senior Producer of News and Public Affairs at Delmarva Public Media. An award-winning journalist, Don reports major local issues of the day, from sea level rise, to urban development, to the changing demographics of Delmarva.