Intrepid Potash Inc. reported a net loss of $355,000 ($0.00 per diluted share) on sales of $98.9 million for the first quarter ending March 31, 2014, compared to a year-ago net income of $14.9 million ($0.20 per share) on sales of $99.2 million.
Despite the downturn in income, potash sales volumes were up 31 percent to 242,000 st from the year-ago 185,000 st. Average net realized sales prices, however, were down $100/st to $317/st from the year-ago $417/st.