AdvanSix Inc. reported for the quarter ended March 31, 2026 results: revenue $404,183, net income (15,546), EPS (0.58).
“the second quarter." Summary first quarter 2026 financial results for the Company are included below: 1 ( $ in Thousands, Except Earnings Per Share) 1Q 2026 1Q 2025 (1) Sales $404,183 $377,791 Net Income (loss) (15,546) 23,344 Diluted Earnings Per Share (0.58) 0.86 Adjusted Diluted Earnings Per Share (2) (0.50) 0.93 Adjusted EBITDA (2) 4,756 51,626 Adjusted”
Debt Financings
AdvanSix Inc. amended revolving credit of $452 million with Truist Bank maturing the earlier of (x) October 27, 2027 and (y) the date of the termination in whole of the Revolving Credit Commitments.
“extend the maturity date of revolving credit commitments of participating Revolving Credit Lenders in an aggregate principal amount of $452 million”
Darrell K. Hughes resigned as Director at AdvanSix Inc..
“On April 16, 2025, Darrell K. Hughes, a member of the Board since the Company’s spin-off in 2016, notified the Company of his intention to resign from the Board, effective at the Annual Meeting, due to other commitments.”
Farha Aslam resigned as Director at AdvanSix Inc..
“On April 16, 2025, Farha Aslam, a member of the Board of Directors (the “Board”) of AdvanSix Inc. (the “Company”), notified the Company of her intention to resign from the Board, effective at the Company’s Annual Meeting of Stockholders to be held on June 18, 2025 (the “Annual Meeting”), due to other commitments.”
Rachael E. Ryan was appointed as Vice President, Controller and Chief Accounting Officer at AdvanSix Inc..
“Effective as of March 17, 2025, the Company’s Board of Directors has appointed Rachael E. Ryan as the Company’s Vice President, Controller and Chief Accounting Officer to succeed Mr. Gramm.”
Christopher Gramm was appointed as Vice President, Financial Planning and Analysis at AdvanSix Inc..
“Effective as of March 17, 2025, Christopher Gramm has been appointed to serve as Vice President, Financial Planning and Analysis of AdvanSix Inc. (the “Company”).”
Sidd Manjeshwar was appointed as Senior Vice President and Chief Financial Officer at AdvanSix Inc..
“the Board of Directors has appointed Sidd Manjeshwar as Senior Vice President and Chief Financial Officer to succeed Mr. Preston.”
Michael Preston retired as Senior Vice President and Chief Financial Officer at AdvanSix Inc..
“Michael Preston will retire as the Company’s Senior Vice President and Chief Financial Officer following many years of distinguished service.”
Donald P. Newman was appointed as Director at AdvanSix Inc..
“On August 19, 2024, the Board of Directors (the “Board”) of AdvanSix Inc. (the “Company”) appointed Donald P. Newman to the Board, effective immediately.”
Michael Preston departed as Chief Financial Officer at AdvanSix Inc..
“On May 20, 2024, Michael Preston notified AdvanSix Inc. (the “Company”) of his intention to retire from his position as Chief Financial Officer during the 2024 fiscal year.”
Earnings Releases
AdvanSix Inc. reported the quarter ended March 31, 2024 results: revenue $337 million, net income Net Loss of ($17.4) million, EPS Earnings Per Share of ($0.65).
“copy of the press release is furnished herewith as Exhibit 99.1. --- EX-99.1 (EX-99.1) --- News Release ADVANSIX ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS 1Q24 Sales of $337 million, down 16% versus prior year 1Q24 Earnings Per Share of ($0.65); Adjusted Earnings Per Share of ($0.56) 1Q24 results include approximately $27 million unfavorable pre-tax income”
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