secwatch.observer — SEC 8-K summary
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Issuer:     AdvanSix Inc. (ASIX)
CIK:        0001673985
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0001673985-24-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AdvanSix Q4 net loss $5.1M, sales down 5%; full-year adjusted EBITDA halves to $153.6M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1673985/000167398524000009/0001673985-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1673985/000167398524000009/asix-20240216.htm
  HTML page:      https://secwatch.observer/filing/0001673985-24-000009

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