secwatch.observer — SEC 8-K summary
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Issuer:     Ingevity Corp (NGVT)
CIK:        0001653477
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001653477-22-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653477/000165347722000038/0001653477-22-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653477/000165347722000038/ngvt-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001653477-22-000038

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