Ecovyst Inc. (ECVT) Declares $3.20 Special Dividend
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Ecovyst Reports Solid Second Quarter 2021 Results; Board Declares Special Dividend of $3.20 per share
August 5, 2021 6:15 AM EDTSales of $147.0 million and net loss of $7.9 million with diluted loss per share of $0.06; Adjusted net income of $14.9 million with Adjusted diluted EPS of $0.11; Adjusted EBITDA of $52.7 million and margin of 29.2%; Completed portfolio transformation with closing the sale of Performance Chemicals for $1.1 billion; Board declared special dividend of $3.20 per share; and Launched Ecovyst as pure-play high growth catalysts and services company
Ecovyst results reflects continuing operations for the Ecoservices and Catalyst Technologies businesses, renamed from Refining Services and Catalysts, respectively.
Financial results are on a continuing operations basis,... More
