During the nine months ended September 30, 2012, Rentech’s nitrogen products manufacturing segment generated operating income of $90.3 million, compared to $55.3 million during the comparable period in the prior year. EBITDA for Rentech’s nitrogen products manufacturing segment was $99.7 million for the period, compared to $62.7 million in the corresponding period in 2011. Further explanation of EBITDA, a non-GAAP financial measure, and a reconciliation of EBITDA to net income for Rentech’s nitrogen products manufacturing segment have been included below in this press release.For the nine months ended September 30, 2012, Rentech reported consolidated net income of $10.5 million, or $0.05 per share. This compares to a net loss of $58.8 million, or $0.26 per share, reported in the comparable period in the prior year. Excluding loss on debt extinguishment and non-recurring items, the Company generated net income of $0.00 per share for the prior-year period. Further explanation of net income excluding loss on debt extinguishment and non-recurring items, a non-GAAP financial measure, and a reconciliation of consolidated net income excluding loss on debt extinguishment and non-recurring items to net income have been included below in this press release.
Rentech Reports Results For Third Quarter 2012
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