FMC Corp. now expects Q3 revenue of $65M-$125M with adjusted EBITDA of negative $565M to negative $510M

FMC Corp. now expects Q3 revenue of $65M-$125M, with adjusted EBITDA of negative $565M to negative $510M. Distributors are stuck with product bought at old prices, so FMC is cutting prices and taking a $625M-$675M hit to move it; covenant talks with banks are next.

Detected & updated continuously · Source: Nebula