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Delek US Holdings Reports Significant Loss in Q2 Earnings Period
By USinMinutes - Aug 06, 2024, 07:07 AM ET
Last Updated - Aug 08, 2024, 04:29 PM EDT
Delek US Revenue Sees Substantial Decrease in Q2 Compared to Prior Period
Delek US Holdings, Inc. [DK] reported a significant net loss of $37.2 million for the second quarter ended June 30, 2024. This marks a decrease from the previous quarter's earnings.
The company, headquartered in Brentwood, Tennessee, reported to SEC in an 8-K filing $-0.58 earnings per share in the quarter, compared to $-0.13 in the previous quarter.
Delek US Holdings, a key player in the Energy sector, reported a total revenue of $3.42 billion. This figure reflects a decrease compared to the company's revenue in the previous quarter.
In comparison to the same quarter in the previous year, Delek US Holdings' revenue for the current quarter experienced a substantial decrease. Additionally, the company's net loss in the current quarter showed a significant percentage change when compared to the same quarter of the previous year.
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As of August 7, 2024 end of day trading.
USinMinutes is an offering of 10kInfo, Inc., bringing you news on the latest regulatory filings. Although we take care to ensure accuracy, the article does not intend to replace user diligence in decisions of financial or legal implications.
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