Orion Engineered Carbons (OEC) Tops Q1 EPS by 22c

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Orion Engineered Carbons Reports Record First Quarter Financial Results

May 4, 2023 4:35 PM EDT

HOUSTON--(BUSINESS WIRE)-- Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced financial results for the first quarter of 2023.

First Quarter 2023 Financial Highlights

Net sales of $500.7 million, up $16.2 million, year over year Net income of $42.3 million, up $9.8 million, year over year Diluted EPS of $0.70, up $0.17, year over year Record Adjusted EBITDA1 of $101 million, up 22%, year over year Record Adjusted Diluted EPS1 of $0.74, up $0.17, year over year Record rubber... More