Ingevity reports second quarter 2019 financial results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Ingevity (NGVT) Tops Q2 EPS by 4c, Revenues Miss; Offers FY19 Revenue Mid-Point Guidance Below Consensus
July 24, 2019 4:21 PM EDTIngevity (NYSE: NGVT) reported Q2 EPS of $1.36, $0.04 better than the analyst estimate of $1.32. Revenue for the quarter came in at $352.8 million versus the consensus estimate of $362.05 million.
Net sales of $352.8 million were up 14.3% versus the prior year quarters sales of $308.6 millionNet income of $56.8 million was up 8.8% versus net income in the prior year quarter of $52.2 million; net income as a percentage of sales was 16.1%, compared to 16.9% in the prior... More