secwatch.observer — SEC 8-K summary
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Issuer:     Ecovyst Inc. (ECVT)
CIK:        0001708035
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001708035-23-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ecovyst Q1 net loss $1.5M on sales $160.9M; adjusted EPS $0.06, guidance reaffirmed
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- Sales $160.9M vs $179.7M YoY, down 10.5% on lower volumes from Winter Storm Elliott and maintenance.
- Net loss $1.5M vs net income $7.9M; diluted EPS -$0.01; adjusted diluted EPS $0.06.
- Adjusted EBITDA $42.9M, margin 23.4%; full-year adjusted EBITDA and Free Cash Flow guidance unchanged.
- Repurchased 3M shares at avg $9.95 for $29.9M in conjunction with secondary offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1708035/000170803523000010/0001708035-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1708035/000170803523000010/ecvt-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001708035-23-000010

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