earnings
confidence high
sentiment positive
materiality 0.65
Innospec Q3 revenue down 10% to $464.1M; EPS $1.57; annual dividend increased 10%
INNOSPEC INC.
2023-Q3 EPS reported
$4.05
revenue$1,454,100,000
- Revenue $464.1M vs $513.0M last year, down 10%; net income $39.2M ($1.57 diluted EPS).
- Adjusted non-GAAP EPS $1.59 vs $1.74 last year; EBITDA $56.5M vs $59.2M.
- Operating cash flow $58.1M; net cash improved to $207.2M at quarter end.
- Semi-annual dividend $0.72/shr payable Nov 27, 2023; full-year dividend $1.41, up 10% from 2022.
- Performance Chemicals showed sequential improvement; Oilfield Services and Fuel Specialties remained strong.