Ecovyst Inc. (ECVT) Tops Q4 EPS by 2c
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Ecovyst Reports Strong Fourth Quarter and Full Year 2021 Results as Growth Momentum Boosted Profitability
February 25, 2022 6:15 AM ESTExpect 16% Adjusted EBITDA Growth in 2022 at Guidance Mid-Point
Full Year 2021 Results & Highlights
Sales of $611.2 million, up 23% year-over-year; Net income of $1.8 million with diluted income per share of $0.01. Adjusted net income of $69.6 million with Adjusted diluted income per share of $0.51; Adjusted EBITDA of $227.6 million, up 18% year-over-year; Net cash from operations of $129.9 million, Adjusted Free Cash Flow of $93.2 million, and reduced net debt leverage ratio to 3.3x at year-end; Successful Transformation Complete Launched Ecovyst as a High Growth, Pure-Play Catalysts and Services Company; Sales growth in catalyst... More