Ascent Industries Q2 net sales $18.7M, gross margin 26.1% vs 13.1% YoY; completes tubular divestitures

ASCENT INDUSTRIES CO.

2025-Q2 EPS reported $0.40 revenue$36,486,000

Net sales from continuing ops $18.7M, down 13% YoY; gross profit $4.9M (+73%) with margin expanding 1,298 bps to 26.1%.
Net loss from continuing ops widened to $(2.4)M ($(0.25) diluted EPS) vs $(1.5)M ($(0.14)) a year ago.
Adjusted EBITDA flat at $(0.3)M; margin slipped to (1.8)% from (1.3)% on lower sales volume.
Completed sale of BRISMET ($45M cash) and ASTI ($16M cash) in Q2, exiting tubular business.
Repurchased 644,171 shares (~6% of outstanding) at avg $12.15/share for $7.8M; cash $60.5M, no debt.

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