Ecovyst: Fourth Quarter Financial Overview

Ecovyst Inc. Announces Fourth Quarter Financial Results

Ecovyst Inc., headquartered in Wayne, Pennsylvania, revealed a net income of $5.8 million for the fourth quarter.

The company reported earnings of $0.05 per share. After adjusting for one-time expenses and debt repayment, adjusted earnings reached $0.29 per share.

During the quarter, the specialty chemicals manufacturer generated $199.4 million in revenue.

For the entire fiscal year, Ecovyst recorded a net loss of $71.1 million, or $0.61 per share, with total annual revenue amounting to $723.5 million.

Looking ahead, Ecovyst projects its full-year earnings to fall between $0.45 and $0.65 per share, and anticipates revenue in the range of $860 million to $940 million.