earnings
confidence high
sentiment neutral
materiality 0.65
Ecovyst Q3 sales up 3.4% to $179.2M; net income falls to $14.3M
Ecovyst Inc.
2024-Q3 EPS reported
$0.20
revenue$522,532,000
- Sales $179.2M (+3.4% YoY); net income $14.3M vs $16.6M y/y; diluted EPS $0.12.
- Adjusted EBITDA $59.8M (-12% YoY), margin 28.5%; Ecoservices segment steady.
- Advanced Materials & Catalysts Adj. EBITDA fell to $10.9M from $16.4M; Zeolyst JV sales down.
- FY2024 guidance reaffirmed: Adj. EBITDA $230-245M; sales $700-740M.
- Nine-month operating cash flow $106.4M vs $73.4M y/y; adjusted FCF $59.3M.