earnings
confidence high
sentiment negative
materiality 0.80
AdvanSix Q4 net loss $5.1M, sales down 5%; full-year adjusted EBITDA halves to $153.6M
AdvanSix Inc.
2023-FY EPS reported
$1.95
revenue$1,533,599,000
- Q4 net loss of $5.1M (diluted EPS -$0.19); adjusted diluted EPS -$0.10 vs +$1.27 a year ago.
- Q4 sales $382M (-5% YoY); volume up 16% offset by 22% unfavorable market-based pricing.
- Full-year 2023 net income $54.6M (EPS $1.95); adjusted EBITDA $153.6M, down from $308.5M.
- Dividend declared $0.16/share payable March 18, 2024; unchanged from prior quarter.
- 1Q24 pre-tax income impacted $23-27M from operational disruption at Frankford, PA site.