Ingevity reports second quarter 2018 financial results

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Go back to Ingevity reports second quarter 2018 financial results

Ingevity (NGVT) Tops Q2 EPS by 10c, Beats on Revenues; Boosts FY18 EBITDA Outlook; Reaffirms FY18 Revenue Views

July 25, 2018 4:30 PM EDT

Ingevity (NYSE: NGVT) reported Q2 EPS of $1.10, $0.10 better than the analyst estimate of $1.00. Revenue for the quarter came in at $308.6 million versus the consensus estimate of $305.71 million.

Net sales of $308.6 million were up more than 18 percent versus the prior year quarters sales of $260.3 millionNet income of $52.2 million was up 46 percent versus net... More