Innospec (IOSP) Reports Q1 EPS of $1.42

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Innospec Reports First Quarter 2020 Financial Results

May 5, 2020 4:46 PM EDT

Liquidity maintained by positive operating cash flow and conservative cash management
Increase in GAAP EPS of 15 percent; Adjusted non-GAAP EPS up 14 percent
GAAP EPS $1.34 and adjusted EPS of $1.42 benefit by 18 cents from lower share-based compensation
Innospec adapting to the economic challenges of the COVID-19 pandemic and low oil prices
Semi-annual dividend held at 52 cents per share

ENGLEWOOD, Colo., May 05, 2020 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ: IOSP) today... More

Innospec Reports First Quarter 2020 Financial Results

May 5, 2020 4:45 PM EDT

Liquidity maintained by positive operating cash flow and conservative cash managementIncrease in GAAP EPS of 15 percent; Adjusted non-GAAP EPS up 14 percentGAAP EPS $1.34 and adjusted EPS of $1.42 benefit by 18 cents from lower share-based compensationInnospec adapting to the economic challenges of the COVID-19 pandemic and low oil pricesSemi-annual dividend held at 52 cents per share

ENGLEWOOD, Colo., May 05, 2020 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ: IOSP) today announced its financial... More