---
schema_version: "secwatch.filing_event.v1"
accession: "0001673985-23-000068"
form_type: "8-K"
ticker: "ASIX"
cik: "0001673985"
company_name: "AdvanSix Inc."
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T16:57:04.496462+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AdvanSix Q1 2023 net income down 45% YoY; EPS $1.22; dividend declared

## Summary
- Net income $35.0M ($1.22 diluted EPS) vs $63.1M ($2.15) in Q1 2022; adjusted EPS $1.30.
- Sales $401M, down 16% YoY on 9% lower volume, 6% unfavorable pricing, 4% lower pass-through.
- Ammonium Sulfate sales $114M (28% of total), down 26% vs prior year; Nylon down 16%.
- Board declares $0.145/share quarterly dividend, payable May 30 to May 16 record date.
- Announces SUSTAIN project to expand granular ammonium sulfate production by 200K tons/year (~20%).

## SEC filing metadata
- accession: 0001673985-23-000068
- form_type: 8-K
- ticker: ASIX
- cik: 0001673985
- company_name: AdvanSix Inc.
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1673985/000167398523000068/0001673985-23-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1673985/000167398523000068/asix-20230505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001673985-23-000068
- JSON: https://secwatch.observer/filing/0001673985-23-000068.json
- Plain text: https://secwatch.observer/filing/0001673985-23-000068.txt

## Key facts
- Earnings Releases
  AdvanSix Inc. reported first quarter ending March 31, 2023 results: revenue $401 million, net income $35.0 million, EPS $1.22.
  - Period: first quarter ending March 31, 2023
  - Revenue: $401 million
  - Net income: $35.0 million
  - EPS: $1.22
  - Result: reported results
  source text: A copy of the press release is furnished herewith as Exhibit 99.1. --- EX-99.1 (EX-99.1) --- News Release ADVANSIX ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTS Sales of $401 million, down 16% versus prior year Earnings Per Share of $1.22; Adjusted Earnings Per Share of $1.30 Returned $18 million of cash to shareholders through repurchases and dividends
  evidence_url: https://www.sec.gov/Archives/edgar/data/1673985/000167398523000068/0001673985-23-000068-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.