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

Issuer:     INNOSPEC INC. (IOSP)
CIK:        0001054905
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001193125-24-251643
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innospec Q3 revenue $443M (-4% YoY), EPS $1.33, dividend raised 10% to $1.55 annual
--------------------------------------------------------------------------------

- Revenue $443.4M, down 4% YoY from $464.1M; net income $33.4M vs $39.2M; GAAP EPS $1.33, adjusted $1.35.
- Performance Chemicals and Fuel Specialties operating income up double digits with margin expansion.
- Oilfield Services results impacted by lower production chemical activity, as expected.
- Cash from operations $73.5M; net cash $303.8M at quarter end.
- Semi-annual dividend $0.79/share; annual dividend raised 10% to $1.55; payable Nov 26 to holders of record Nov 18.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1054905/000119312524251643/0001193125-24-251643-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1054905/000119312524251643/d902847d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-251643

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