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Intrepid Reports Fourth Quarter and Full Year 2020 Results

DENVER, CO, March 01, 2021 (GLOBE NEWSWIRE) Intrepid Potash, Inc. (NYSE:IPI) ("Intrepid", the "Company", "we", "us", "our") today reports its financial results for the fourth quarter and full year of 2020. Key Fourth Quarter Takeaways $9.5 million improvement in the bottom line compared to the third quarter of 2020 with positive momentum continuing into 2021 across all segments. Net loss of $0.7 million, or $(0.05) per share in Q4 2020, compared to net loss of $10.2 million, or $(0.78) per share in Q3 2020.Adjusted EBITDA(1) of $9.7 million for the fourth quarter of 2020.Cash flow from operations of $12.7 million for the fourth quarter of 2020.Strong domestic sales volume for potash and Trio® in Q4 2020 as favorable weather, rising commodity prices, and compelling farm economics drove early season fertilizer demand that is steadily continuing into 2021.Total company water sales were $5.8 million in fourth quarter of 2020, an incr ....

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