Omnova Solutions reports 1Q 2007 loss/diluted share of $0.12. [5 tables in original article].

(From Chemical Business NewsBase - Company Reports - CBNB)

Omnova Solutions Inc reported a loss from continuing operations of $5.1 M, or $0.12/diluted share, for 1Q ended Feb 2007 (loss from continuing operations of $2.4 M, or $0.05/diluted share, in 1Q ended Feb 2006). Including discontinued operations, the net loss for 1Q 2006-2007 was $5.1 M, or $0.12/diluted share ($4.3 M, or $0.10/diluted share in 1Q 2005-2006). Net sales decreased $5 M, to $164.8 M, for 1Q 2006-2007 ($169.8 M in 1Q 2005-2006). Contributing to the sales decrease for 1Q 2006-2007 was a reduction in unit volume of $9.7 M partially offset by sales price increases of $2.8 M and favorable foreign …