Ascent Industries Q1 net loss narrows to $1.0M; gross margin expands to 19.4%

ASCENT INDUSTRIES CO.

2025-Q1 EPS reported -$0.23 vs consensus $0.12 ▼ miss (-287.9%)

Q1 2025 net sales from continuing ops $24.7M, down 11.8% YoY; gross profit doubled to $4.8M.
Adjusted EBITDA from continuing ops improved to $0.8M from ($2.7M) in Q1 2024.
Specialty Chemicals segment Adjusted EBITDA swung to $2.0M vs. ($0.3M) a year ago.
Tubular Products segment Adjusted EBITDA from continuing ops rose to $1.3M from $0.3M.
Closed sale of BRISMET assets for $45M cash on April 4, 2025; no debt outstanding.

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