Delek us holdings reports first quarter 2020 results

Brentwood, tenn., may 05, 2020 (globe newswire) -- delek us holdings, inc. (nyse: dk) (“delek us”) today announced financial results for its first quarter ended march 31, 2020. delek us reported first quarter 2020 net loss of $(314.4) million, or $(4.28) per diluted share, versus a net income of $149.3 million, or $1.90 per diluted share, for the quarter ended march 31, 2019.  on an adjusted basis, delek us reported adjusted net loss of $(128.0) million, or $(1.74) per share for the first quarter 2020. this compares to adjusted net income of $129.4 million, or $1.64 per share, in the prior-year period. adjusted earnings before interest, taxes, depreciation and amortization ("adjusted ebitda") was $(29.7) million compared to adjusted ebitda of $244.1 million in the prior-year period. reconciliations of net income reported under u.s. gaap to adjusted net income and adjusted ebitda are included in the financial tables attached to this release.
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