Ecovyst: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 10:02 AM ET
Last Updated - Aug 01, 2024, 10:02 AM EDT
MALVERN, Pa. (AP) — MALVERN, Pa. (AP) — Ecovyst Inc. (ECVT) on Thursday reported second-quarter profit of $8.3 million.
The Malvern, Pennsylvania-based company said it had net income of 7 cents per share. Earnings, adjusted for one-time gains and costs, were 12 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.
The specialty chemical producer posted revenue of $182.8 million in the period.
