Orion: Q2 Earnings Snapshot
By AP News
Published - Aug 02, 2024, 02:45 AM ET
Last Updated - Aug 02, 2024, 02:45 AM EDT
SPRING, Texas (AP) — SPRING, Texas (AP) — Orion S.A. (OEC) on Thursday reported profit of $20.5 million in its second quarter.
The Spring, Texas-based company said it had profit of 35 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, were 41 cents per share.
The producer of the chemcial additive carbon black posted revenue of $477 million in the period.
Orion expects full-year earnings in the range of $1.75 to $1.95 per share.