Arabian American Announces Third Quarter 2010 Financial Results: EPS of $0.07

Arabian American Development Co. ARSD today announced financial results for the third quarter and nine month period ended September 30, 2010. Financial Highlights * Sales volume of petrochemical products increased by 2.3% from the third quarter of 2009. * Revenue for the third quarter increased 20.9% to $37.0 million from $30.6 million in the same period last year. * Gross profit for the third quarter of 2010 increased 25.6% to $5.4 million from $4.3 million in the comparable period in 2009. * Adjusted EBITDA (adjusted for certain non-recurring expenses), a non-GAAP financial measure, for the third quarter of 2010 was $3.5 million as compared to $2.7 million for the same period in 2009. Net income attributable to Arabian American Development Company for the third quarter increased 216.3% to $1.7 million, or $0.07 per basic and diluted share, compared to net income of $528,000, or $0.02 per basic and diluted share, for the third quarter last year.