U.S. Antimony misses earnings by $0.03, revenue below estimates

United States Antimony Corp. reported adjusted earnings that missed analyst estimates by $0.03 per share, while revenue fell short of projections as the specialty metals producer faced weaker demand and pricing pressures.

The company posted a loss of $0.04 per share for the quarter, compared with a $0.01 profit expected by Refinitiv IBES estimates. Revenue totaled $38.2 million, down 12% from the same period last year and below the $41.5 million forecast.

Chief Executive John Lawrence cited "challenging market conditions" in specialty metals, including antimony and antimony-based products, as contributing to the shortfall. He noted softer demand from key end-use sectors such as flame retardants and lead-acid batteries, which account for a significant portion of the company's sales.

Gross margins contracted to 14.5% from 18.2% in the prior-year quarter, reflecting lower realized prices for antimony trioxide and increased production costs. Operating expenses rose 8% year-over-year, driven by higher logistics and energy expenses.

The company maintained its full-year guidance for production volumes but did not revise its financial outlook, citing ongoing macroeconomic uncertainty and volatile raw material costs. Shares were down 3.2% in after-hours trading following the release.