earnings
confidence high
sentiment positive
materiality 0.75
Innospec Q4 revenues up 33% to $413M; GAAP EPS $0.96, adjusted EPS $1.30; announces $50M buyback
INNOSPEC INC.
2021-FY EPS reported
$3.75
revenue$1,483,400,000
- Q4 revenues $413.2M (+33% YoY); GAAP diluted EPS $0.96, adjusted non-GAAP EPS $1.30.
- Record quarterly sales in Performance Chemicals and Fuel Specialties; Oilfield Services sequential growth.
- Generated $68.8M cash from operations; net cash position improved to $141.7M at year-end.
- Board authorized new $50M share repurchase program; semi-annual dividend of $0.59/share paid.
- EBITDA Q4 $44.8M vs $40.2M YoY; full year results also strong.