earnings
confidence high
sentiment positive
materiality 0.75
Innospec Q2 2022 revenue up 32% to $467.6M; adjusted EPS $1.58 vs $1.30 last year
INNOSPEC INC.
2022-Q2 EPS reported
$2.76
revenue$940,000,000
- GAAP EPS of $1.29 ($32.3M net income) versus $0.90 in Q2 2021.
- Adjusted non-GAAP EPS of $1.58; revenue $467.6M, up 32% YoY.
- EBITDA of $52.9M compared to $50.6M a year ago.
- Cash used in operations $7.5M due to working capital increase; net cash $71.4M at quarter end.
- Repurchased 18,700 shares for $1.8M; plans for further Performance Chemicals capacity expansion.