Innospec (IOSP) Misses Q2 EPS by 38c
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Innospec Reports Second Quarter 2020 Financial Results
August 4, 2020 4:45 PM EDTExcellent results in Performance Chemicals despite market volatility with operating income up 11 percentFuel Specialties and Oilfield Services impacted by significant decline in demandOctane Additives concludes as expected; Restructuring charge taken Impairment charge in Oilfield Services Drilling businessExcellent cash generation enhances strong liquidity position; Improvement in net cash to $18.6 million
ENGLEWOOD, Colo., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the second quarter ended June 30,... More
