Ingevity reports record Q3 sales $482M, adjusted EBITDA $138M; raises FY22 guidance

Ingevity Corp

2022-Q3 EPS reported $5.06 revenue$1,284,700,000

Record sales of $482.0M, up 27.9% YoY; net income $75.4M, diluted EPS $1.98, adjusted EPS $2.09.
Record adjusted EBITDA of $138.2M, up 15.6%; margin 28.7%. Operating cash flow $100.1M, free cash flow $64.0M.
Share repurchases of $49.3M in Q3, $139.2M YTD.
Completed acquisition of Ozark Materials on Oct 3; no deal value disclosed.
Raises FY2022 sales guidance to $1.65B-$1.70B, adjusted EBITDA to $460M-$475M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Ingevity Corp reported the three months ended September 30, 2022 results: revenue $482.0 million, net income $75.4 million, EPS $1.98. Guidance raised.

Period: the three months ended September 30, 2022
Revenue: $482.0 million
Net income: $75.4 million
EPS: $1.98
Guidance: raised
Result: preliminary results

Exact text from the filing

Ingevity reports third quarter 2022 financial results HIGHLIGHTS : (comparisons versus prior year period) • Company delivered record sales of $482.0 million, up 27.9% • Net income of $75.4 million and diluted earnings per share (EPS) of $1.98;

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Ingevity Corp reported full year 2022 results: revenue between $1.65 billion and $1.70 billion. Guidance raised.

Period: full year 2022
Revenue: between $1.65 billion and $1.70 billion
Guidance: raised
Result: guidance update

Exact text from the filing

Company raises full year 2022 sales guidance to between $1.65 billion and $1.70 billion and adjusted EBITDA to between $460 million and $475 million

View on SEC.gov

Browse all earnings releases →

Ingevity Corp filing history →

Source: SEC EDGAR

accession 0001653477-22-000038

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.