Ecovyst Inc. (ECVT) Tops Q3 EPS by 4c
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Ecovyst Reports Robust Third Quarter 2021 Results; Upgrading 2021 Financial Outlook on Strong Performance
November 9, 2021 6:15 AM ESTSales of $167.4 million, up 28.1%; Net income of $4.7 million with diluted income per share of $0.03; Adjusted net income of $25.5 million with Adjusted diluted EPS of $0.19; Adjusted EBITDA of $69.4 million, up 44.3% with margin of 34.7%, up 420 basis points; Year-to-date Consolidated Cash from Operations of $84.9 million and Adjusted Free Cash Flow of $57.9 million; Upgrading 2021 financial outlook on stronger financial performance
Ecovyst results reflect continuing operations for the Ecoservices and Catalyst Technologies businesses, renamed from Refining Services and Catalysts, respectively. Financial results are on a continuing operations basis, which excludes the Performance Materials and... More
