secwatch.observer — SEC 8-K summary
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Issuer:     AdvanSix Inc. (ASIX)
CIK:        0001673985
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001673985-23-000068
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AdvanSix Q1 2023 net income down 45% YoY; EPS $1.22; dividend declared
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- 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%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1673985/000167398523000068/0001673985-23-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1673985/000167398523000068/asix-20230505.htm
  HTML page:      https://secwatch.observer/filing/0001673985-23-000068

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