Orion Engineered Carbons (OEC) Misses Q2 EPS by 3c

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Orion Engineered Carbons Announces Second Quarter Financial Results

August 4, 2022 4:35 PM EDT

HOUSTON--(BUSINESS WIRE)-- Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced financial results for the second quarter of 2022.

Second Quarter 2022 Financial Highlights

Net sales of $541.2 million, up $140.2 million, year over year Net income of $29.7 million, down $59.4 million, year over year; prior year includes $79.5 million cash for Evonik settlement Diluted EPS of $0.49, down $0.98, year over year; prior year includes $79.5 million cash for Evonik... More