Intrepid Potash (IPI) has released its earnings highlights for the second quarter. The company reported a net loss of $0.833 million, a stark contrast to the $4.305 million profit achieved in the same period last year. Earnings per share (EPS) were -$0.06 compared to $0.33 in the previous year. Excluding certain items, the adjusted earnings stood at -$0.04 million, or $0.00 per share.
Analysts had projected earnings of $0.00 per share for the quarter. Revenue for Q2 came in at $62.055 million, down from the $81.035 million recorded in the same quarter last year.
