Huntsman Q1 2023 adjusted EPS $0.20 vs $1.10; revenue $1,606M (-27% YoY)

Huntsman CORP

2023-Q1 EPS reported $0.83 revenue$1,606,000,000

Revenue $1,606M (-27% YoY); adjusted EBITDA $136M (-65% YoY).
Adjusted diluted EPS $0.20 vs $1.10 in prior year period.
Polyurethanes EBITDA $66M (-71% YoY); Performance Products $71M (-51%); Advanced Materials $48M (-28%).
Completed sale of Textile Effects for $593M cash plus assumed pension liabilities.
Repurchased ~3.5M shares for ~$101M; free cash flow use of $168M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Huntsman CORP reported first quarter 2023 results: revenue $1,606 million, net income $153 million, EPS $0.83 per diluted share.

Period: first quarter 2023
Revenue: $1,606 million
Net income: $153 million
EPS: $0.83 per diluted share
Result: reported results

Exact text from the filing

Huntsman Corporation (NYSE: HUN) today reported first quarter 2023 results with revenues of $1,606 million, net income attributable to Huntsman of $153 million, adjusted net income of $37 million and adjusted EBITDA of $136 million.

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Source: SEC EDGAR

accession 0001104659-23-056277

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