earnings
confidence high
sentiment positive
materiality 0.65
Ecovyst Q1 2024: Sales flat at $160.5M, net income $1.2M vs loss, Adj EBITDA up 6% to $45.5M
Ecovyst Inc.
2024-Q1 EPS reported
$0.01
revenue$160,537,000
- Sales $160.5M (flat YoY); net income $1.2M vs loss of $1.5M; diluted EPS $0.01.
- Adjusted EBITDA $45.5M (+6% YoY); adjusted diluted EPS $0.04.
- Ecoservices segment sales $141.6M (+2.8%), Adj EBITDA $41.5M (+12.8%).
- Advanced Materials & Catalysts sales $18.9M (-18% YoY); Zeolyst JV sales $23.5M (+6.3%).
- FY 2024 guidance: sales $715-$755M, Adj EBITDA $255-$275M, FCF $85-$105M.