Dow Chemical Reports Lower First Quarter Income

Midland, MI, April 26, 2012 -- Dow Chemical Co. reported first quarter net income of $412 million, or $0.35 per share, from January to March.

That compares with $625 million, or $0.54 per share, for the same quarter of 2011.

Revenue fell less than 1% to $14.72 billion.

Excluding restructuring costs related to the plant closures and other special items, Dow said it earned $0.61 per share. Revenue was flat at $14.7 billion.