Huntsman Corporation reported third quarter 2024 revenues of $1,540 million, an increase of 2% compared to $1,506 million in the prior-year period. The company posted a net loss attributable to Huntsman of $33 million, a decline from a net income of $0 in Q3 2023.
Adjusted net income for the quarter was $17 million, down from $27 million in Q3 2023, while adjusted EBITDA decreased by 4% to $131 million from $136 million. Diluted loss per share was $0.19, compared to $0 in the prior-year period.
The Polyurethanes segment's adjusted EBITDA dropped by 6% to $76 million, and Performance Products' adjusted EBITDA declined by 11% to $42 million. Advanced Materials saw a 4% decrease in adjusted EBITDA to $47 million, reflecting lower average selling prices and higher fixed costs in some segments.
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