secwatch.observer — SEC 8-K summary
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Issuer:     INNOSPEC INC. (IOSP)
CIK:        0001054905
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001193125-23-206322
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innospec Q2 revenue up 3% to $480.4M; net income falls to $28.9M on $8M Brazil exit charge
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- GAAP EPS $1.16 vs $1.29 a year ago; adjusted non-GAAP EPS $1.28 vs $1.58.
- Revenue $480.4M (+3% YoY); Oilfield Services results cited as exceptional.
- EBITDA $46.2M, down from $52.9M; cash from operations $55.0M.
- Net cash improved to $165.9M; paid $0.69 semi-annual dividend per share.
- Special $8.0M charge to exit Brazil trading relationship reduced EPS by $0.21.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1054905/000119312523206322/0001193125-23-206322-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1054905/000119312523206322/d526629d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-206322

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer