---
schema_version: "secwatch.filing_event.v1"
accession: "0000095953-24-000049"
form_type: "8-K"
ticker: "ACNT"
cik: "0000095953"
company_name: "ASCENT INDUSTRIES CO."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:55:15.883665+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ascent Q2 net loss narrows to $0.2M from $6.1M; adj EBITDA positive $2.1M

## Summary
- Net sales $50.2M, down 0.3% YoY; gross profit $5.9M vs $(0.8)M; gross margin 11.7% vs (1.5)%.
- Diluted EPS $(0.02) vs $(0.60); adjusted EBITDA $2.1M vs $(4.8)M, margin 4.2% vs (9.4)%.
- Chemicals segment adj EBITDA $1.7M (7.9% of sales) vs $0.3M (1.5%); Tubular adj EBITDA $1.7M vs $(2.5)M.
- No debt outstanding; $62.7M revolver availability; repurchased 15,233 shares at avg $10.25/ share.
- CEO cites stabilization and self-help initiatives driving improvement despite soft market conditions.

## SEC filing metadata
- accession: 0000095953-24-000049
- form_type: 8-K
- ticker: ACNT
- cik: 0000095953
- company_name: ASCENT INDUSTRIES CO.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/95953/000009595324000049/0000095953-24-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/95953/000009595324000049/acnt-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000095953-24-000049
- JSON: https://secwatch.observer/filing/0000095953-24-000049.json
- Plain text: https://secwatch.observer/filing/0000095953-24-000049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.