Ecovyst's first quarter 2025 results showed a slight increase in sales but a net loss compared to net income in the prior year quarter. Adjusted EBITDA also decreased. The Ecoservices segment was impacted by higher costs and lower sales volume due to planned turnarounds, while the Advanced Materials & Catalysts segment saw stronger results driven by favorable sales timing in specialty and hydrocracking catalysts.
Sales increased by 1.1% to $162.2 million compared to Q1 2024.
Reported a Net Loss of $3.6 million, a decrease from Net Income of $1.2 million in Q1 2024.
Adjusted EBITDA decreased by 14.5% to $38.9 million.
Adjusted Diluted Income per share was $0.01, compared to $0.01 diluted net income per share in Q1 2024.
Ecovyst reaffirmed its full-year 2025 Adjusted EBITDA guidance and increased its sales guidance range to reflect higher anticipated sulfur costs. The company expects improved performance in Ecoservices in the second quarter and remainder of 2025 due to completed turnarounds, high refinery utilization, and growing mining demand. Strong year-over-year sales growth is anticipated in the Zeolyst Joint Venture, driven by hydrocracking catalysts.
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