earnings
confidence high
sentiment positive
materiality 0.75
Ascent Industries Q2 net sales up 37.6% YoY; net income $0.7M vs loss of $2.4M
ASCENT INDUSTRIES CO.
- Net sales $25.7M (+37.6% YoY); gross profit $5.5M (+14.0%); gross margin 21.6%.
- Net income $0.7M ($0.07 diluted EPS) vs net loss of $2.4M ($0.25 loss per share) in Q2 2025.
- Adjusted EBITDA $1.5M (5.7% margin) vs ($0.3M) in prior year; sequential improvement of $1.8M.
- Midwest Graphic Sales acquisition closed May 4, 2026; contributed $1.9M sales and $0.3M Adjusted EBITDA in first two months.
- Repurchased 209,868 shares for $2.9M at avg $13.80; cash $28.1M, no debt outstanding.