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NL Industries posts 4Q profit

DALLAS (AP) _ NL Industries Inc. (NL) on Friday reported fourth-quarter net income of $9.6 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Dallas-based company said it had net income of 20 cents.

The chemical and components holding company posted revenue of $26.3 million in the period.

For the year, the company reported net income of $15.3 million, or 31 cents per share, swinging to a profit in the period. Revenue was reported as $108.9 million.

NL Industries shares have decreased 28 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $5.85, more than doubling in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NL at https://www.zacks.com/ap/NL


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