Ecovyst Inc
For the period ended Jun 30, 2024. Filed Aug 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 2, 2024
ECVT$10.65-1.0%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Income
(in thousands, except share and per share amounts)
| Three months endedJune 30, | Six months endedJune 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Sales | $182,820 | $184,110 | $343,357 | $344,984 |
| Cost of goods sold | 129,157 | 123,140 | 250,471 | 247,520 |
| Gross profit | 53,663 | 60,970 | 92,886 | 97,464 |
| Selling, general and administrative expenses | 22,707 | 21,395 | 44,310 | 42,514 |
| Other operating expense, net | 3,108 | 6,262 | 6,774 | 12,980 |
| Operating income | 27,848 | 33,313 | 41,802 | 41,970 |
| Equity in net (income) from affiliated companies | (1,392) | (11,374) | (3,464) | (11,597) |
| Interest expense, net | 12,895 | 9,168 | 26,304 | 19,000 |
| Debt extinguishment costs | 4,560 | — | 4,560 | — |
| Other expense, net | 410 | 610 | 627 | 182 |
| Income before income taxes | 11,375 | 34,909 | 13,775 | 34,385 |
| Provision for income taxes | 3,080 | 8,787 | 4,259 | 9,734 |
| Net income | $8,295 | $26,122 | $9,516 | $24,651 |
| Net income per share: | ||||
| Basic income per share | $0.07 | $0.22 | $0.08 | $0.20 |
| Diluted income per share | $0.07 | $0.22 | $0.08 | $0.20 |
| Weighted average shares outstanding: | ||||
| Basic | 116,912,332 | 118,651,402 | 116,935,708 | 120,335,414 |
| Diluted | 117,635,289 | 119,920,742 | 117,545,240 | 121,831,942 |
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