Ecovyst Inc. reported strong first quarter 2022 results with sales of $180 million, up 42% year-over-year. Net income was $8 million, and Adjusted EBITDA was $59 million, up 40% year-over-year. The company affirmed its 2022 financial outlook and announced a share repurchase program.
Sales of $180 million, up 42% year-over-year.
Net income of $8 million with diluted income per share of $0.06.
Adjusted EBITDA of $59 million, up 40% year-over-year.
Affirmed 2022 financial outlook and announced share repurchase program.
Ecovyst is reiterating its 2022 guidance, though adjusting the top line sales to reflect the impact of higher sulfur cost passed through in price.
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