06:00 PM EDT, 03/27/2024 (MT Newswires) -- Chemours ( CC ) reported Q4 adjusted net income late Wednesday of $0.31 per share, compared with a breakeven a year earlier.

Analysts polled by Capital IQ expected $0.24.

Net sales for the quarter ended Dec. 31 were $1.4 billion, up 2% year-over-year.

Analysts surveyed by Capital IQ expected $1.34 billion.

For Q1, the company said it expects net sales to be flat to slightly down sequentially.

Chemours ( CC ) shares were down about 10% in after-hours activity.

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