AdvanSix (NYSE: ASIX) reported Q1 EPS of $0.88, $0.45 better than the analyst estimate of $0.43. Revenue for the quarter came in at $377 million versus the consensus estimate of $320.8 million.

• Sales up 26% versus prior year, including 4% volume increase, 19% higher raw material pass-through pricing, and 3% favorable impact of market-based pricing
• Net Income of $27.3 million, a decrease of $0.1 million versus the prior year
• EBITDA of $57.1 million, an increase of $3.7 million or 7% versus the prior year; excluding the $15.5 million one-time benefit in the first quarter 2016 related to the termination of a long-term supply agreement, EBITDA increased $19.2 million or 51%
• EBITDA Margin of 15.2%, down 260 bps versus the prior year, or up 260 bps excluding the prior year one-time benefit
• Capital Expenditures of $33.2 million, an increase of $8.6 million versus the prior year
• Free Cash Flow of ($2.0) million, an increase of $18.6 million versus the prior year

“It’s been a terrific start to 2017. Production output increased across our key manufacturing sites amid a tightened supply and demand environment, driving strong sales, earnings and cash flow in the first quarter. Importantly, these results were produced while maintaining our relentless focus on safety, reliability and efficiency,” said Erin Kane, president and CEO of AdvanSix.

For earnings history and earnings-related data on AdvanSix (ASIX) click here.