Ingevity (NGVT) Tops Q3 EPS by 12c, Revenues Beat; Offers FY18 Revenue Outlook

Go back to Ingevity (NGVT) Tops Q3 EPS by 12c, Revenues Beat; Offers FY18 Revenue Outlook

Ingevity reports third quarter 2018 financial results

October 24, 2018 4:15 PM EDT

Net sales of $311.2 million were up more than 17.8 percent versus the prior year quarters sales of $264.1 million Net income of $51.7 million was up almost 35 percent versus net income in the prior year quarter of $38.4 million; net income as a percentage of sales was 16.6 percent, compared to net income as a percentage of sales of 14.5 percent in the prior year quarter; diluted earnings per share were $1.16 Adjusted EBITDA of $90.7 million were up 24.8 percent compared to third quarter 2017 adjusted EBITDA of $72.7 million; diluted adjusted earnings per share were $1.16 Adjusted... More