earnings
confidence high
sentiment positive
materiality 0.65
Innospec Q2 revenue $491.4M (+12% YoY); GAAP EPS $1.25, adjusted $1.27
INNOSPEC INC.
- Revenue $491.4M, up 12% from $439.7M; net income $30.8M ($1.25 diluted EPS) vs $23.5M ($0.94) last year.
- Adjusted non-GAAP EPS $1.27 vs $1.26; adjusted EBITDA $50.1M vs $49.1M.
- Net cash $250.2M; debt-free balance sheet; $6.4M in share repurchases during quarter.
- Semi-annual dividend of $0.92 per share paid in Q2.