Sensient Technologies (SXT) Tops Q3 EPS by 2c, Beats on Revenue

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Go back to Sensient Technologies (SXT) Tops Q3 EPS by 2c, Beats on Revenue

Sensient Technologies Corporation Reports Results for the Quarter Ended September 30, 2024

October 25, 2024 6:50 AM EDT

MILWAUKEE--(BUSINESS WIRE)-- Sensient Technologies Corporation (NYSE: SXT), a leading provider of flavors and colors for the food, pharmaceutical, and personal care markets, today reported financial results for the third quarter ended September 30, 2024.

Third Quarter Consolidated Results

Reported revenue increased 7.9% to $392.6 million in the third quarter of 2024 versus last years third quarter results of $363.8 million. On a local currency basis(1), revenue increased 8.6%. Reported operating income increased 13.4% to $50.5 million compared to $44.5 million recorded in the third quarter of 2023. In the third quarter of 2024, the Company recorded $1.2... More