FMC Q3 2026 net loss more than triples to USD 2.07 billion
Bitget2026/10/29 21:12- FMC swung to a third-quarter 2026 adjusted EBITDA loss of USD 559 million from a year-earlier profit of USD 236 million.
- Commercial actions reduced quarterly adjusted EBITDA by USD 672 million, targeting lower channel inventory values and improved product flow to growers.
- The strategic review concluded, with operational priorities including generating approximately USD 1 billion in proceeds for debt repayment.
- Fourth-quarter 2026 adjusted EBITDA is forecast at USD 210 million–USD 230 million, down 22% year over year at the midpoint.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Marvell Technology (MRVL.US) $115 billion "merger of the century" faces lukewarm reception! Stock has dropped over 40%, experts estimate only a 50% chance of completion
Marvell plans to acquire Lamington for 115 billions USD to strengthen its position in AI, but the probability of completion is only 50%. The two stocks have dropped by nearly 40% and about 35% respectively, with Chinese regulatory approval being the biggest uncertainty.
Amid opposition to data centers, Musk doubles down: SpaceX (SPCX.US) plans to build a $24 billion computing center and gas power plant in Texas.
According to a public hearing notice published on the Starbase website, SpaceX plans to build, own, and operate a gas-fired power plant and a supercomputing facility at its company town in Starbase, Texas.
BUZZ - Rocket Lab’s stock falls as quarterly loss exceeds expectations
Crypto prices
More
