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Methanex Cp NASDAQ: MEOH-Q

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Methanex Reports Strong Third Quarter 2021 Results and Meaningful Cash Flow Generation With a Robust Outlook For the Fourth Quarter

Globe Newswire - Wed Oct 27, 2021

VANCOUVER, British Columbia, Oct. 27, 2021 (GLOBE NEWSWIRE) -- For the third quarter of 2021, Methanex (TSX:MX.TO) (NASDAQ:MEOH) reported net income attributable to Methanex shareholders of $71 million ($0.93 net income per common share on a diluted basis) compared to net income of $107 million ($1.31 net income per common share on a diluted basis) in the second quarter of 2021. The decrease in net income is due to the change in the mark-to-market impact of share-based compensation. Adjusted EBITDA for the third quarter of 2021 was $264 million and Adjusted net income was $99 million ($1.29 Adjusted net income per common share). This compares with Adjusted EBITDA of $262 million and Adjusted net income of $95 million ($1.24 Adjusted net income per common share) for the second quarter of 2021.

Read more at globenewswire.com

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