secwatch.observer — SEC 8-K summary
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Issuer:     Ingevity Corp (NGVT)
CIK:        0001653477
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001653477-22-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ingevity reports record Q1 sales $382.8M, raises FY2022 guidance
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- Q1 sales $382.8M (+19.5% YoY); net income $60.8M ($1.55 diluted EPS); adjusted EPS $1.62.
- Record Q1 adjusted EBITDA $119.0M (+12.9%); margin 31.1%.
- Operating cash flow $24.3M; free cash flow -$3.3M on working capital build.
- FY2022 guidance raised: sales $1.525B-$1.65B; adjusted EBITDA $430M-$470M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653477/000165347722000015/0001653477-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653477/000165347722000015/ngvt-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001653477-22-000015

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