Darling Ingredients(DAR) - 2024 Q1 - Quarterly Results
Exhibit 99.1 FOR IMMEDIATE RELEASE April 25, 2024 Darling Ingredients Inc. Reports First Quarter 2024 Results First Quarter 2024 IRVING, TEXAS - Darling Ingredients Inc.(NYSE: DAR) today reported net income of $81.2 million, or $0.50 per diluted share for first quarter of 2024, compared to net income of $185.8 million, or $1.14 per diluted share, for first quarter of 2023. The decrease in net income was primarily due to a sharp year-over-year decline in fat prices and lower earnings within Diamond Green Die ...