secwatch.observer — SEC 8-K summary
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Issuer:     AdvanSix Inc. (ASIX)
CIK:        0001673985
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001673985-23-000121
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AdvanSix Q2 sales $428M (-27% YoY), EPS $1.16; dividend raised 10% to $0.16
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- Sales $428M, down 27% YoY on unfavorable market-based pricing (-19%) and lower raw material pass-through (-6%).
- Net income $32.7M ($1.16 diluted EPS) vs $65.2M ($2.23) in Q2 2022; adjusted EPS $1.25 vs $2.30.
- Adjusted EBITDA $65.8M, down from $105.4M; margin 15.4% vs 18.1%.
- Cash from ops $35M, down $60.9M; free cash flow $15.7M vs $78.1M.
- Quarterly dividend raised to $0.16/share (+10% from prior quarter); payable Aug 29, record Aug 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1673985/000167398523000121/0001673985-23-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1673985/000167398523000121/asix-20230804.htm
  HTML page:      https://secwatch.observer/filing/0001673985-23-000121

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