Innospec Q2 revenue up 45% to $354.5M; adjusted EPS $1.30 vs loss year ago

INNOSPEC INC.

2021-Q2 EPS reported $1.84 revenue$694,100,000

Revenue $354.5M (+45% YoY); net income $22.4M ($0.90 EPS) vs loss of $39.7M a year ago.
Adjusted non-GAAP EPS $1.30 vs loss of $0.18; EBITDA $50.6M vs loss of $19.5M.
Performance Chemicals record sales (op income +47%); Fuel Specialties and Oilfield Services strong sequential improvement.
GAAP and adjusted EPS each benefited $0.16 from AvGas order phasing. Operating cash outflow $1.1M; net cash $94.2M.

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