secwatch.observer — SEC 8-K summary
======================================

Issuer:     INNOSPEC INC. (IOSP)
CIK:        0001054905
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001193125-24-195351
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innospec Q2: rev $435M (-9% YoY), GAAP EPS $1.24, adj EPS $1.39, net cash $240M
-------------------------------------------------------------------------------

- Q2 revenue $435M (-9% YoY); net income $31.2M ($1.24 diluted EPS) vs $28.9M ($1.16) prior year.
- Adjusted non-GAAP EPS $1.39 vs $1.28; adjusted EBITDA $54.1M (up from $47.4M).
- Performance Chemicals operating income more than doubled; Fuel Specialties operating income up double digits.
- Oilfield Services impacted by lower production chemical activity as expected.
- Quarter-end net cash $240.2M; paid semi-annual dividend $0.76/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1054905/000119312524195351/0001193125-24-195351-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1054905/000119312524195351/d803992d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-195351

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