earnings
confidence high
sentiment positive
materiality 0.75
Ecovyst Q3 sales up 39% YoY to $233M; reaffirms adjusted EBITDA guidance
Ecovyst Inc.
2022-Q3 EPS reported
$0.35
revenue$637,419,000
- Net income $21M, diluted EPS $0.16; adjusted net income $31M, adjusted diluted EPS $0.23.
- Adjusted EBITDA $75M, up 9% YoY; margins 29%.
- Year-to-date adjusted free cash flow $85M; net leverage reduced to 2.8x from 3.3x.
- Repurchased 7.6M shares for $65M at avg $8.56.
- Affirmed 2022 adjusted EBITDA guidance; lowered sales guidance due to lower sulfur costs.