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Chemtura Reports 2007 Second Quarter Results.(Financial report)
MIDDLEBURY, Conn. -- Chemtura Corporation (NYSE: CEM; the "Company") reported a net loss of $2 million, or $0.01 per share, for the second quarter of 2007 and net earnings on a non-GAAP basis of $43 million, or $0.18 per share.
The net loss for the quarter includes a loss from continuing operations of $30 million, or $0.12 per share; income from discontinued operations of $3 million, or $0.01 per share; and gain on the sale of a discontinued operations of $25 million, or $0.10 per share. On a non-GAAP basis, net earnings include income from continuing operations of $40 million, or $0.17 per share and income from discontinued operations of $3 million, or $0.01 per ...
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