Future Fuel (FF) Reports Q4 EPS of $0.53

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Future Fuel (FF) Announces Special Cash Dividend of $2.50 Per Share and a $25 million Share Repurchase Program

March 14, 2024 12:03 PM EDT

FutureFuel Corp. (NYSE: FF) (FutureFuel), a manufacturer of custom and performance chemicals and biofuels, today announced financial results for the fourth quarter and year ended December 31, 2023.

Fourth quarter 2023 Financial Highlights (all comparisons are with the fourth quarter of 2022)

Revenues were $92.0 million, compared to $117.8 million.Net income increased to $23.4 million, or $0.53 per diluted share, from $14.9 million, or $0.34 per diluted share.Adjusted EBITDA(1) was $16.8 million, down from $17.1 million.

2023 Financial Highlights (all comparisons are with the year ended December 31, 2022)

Revenues were... More