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12.05.25 - 22:15
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Ascent Industries Reports First Quarter 2025 Results (Business Wire)
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SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the first quarter ended March 31, 2025.
First Quarter 2025 Summary1
(in millions, except per share and margin)
Q1 2025
Q1 2024
Change
Net Sales
$24.7
$28.0
(11.8)%
Gross Profit
$4.8
$2.3
108.7%
Gross Profit Margin
19.4%
8.2%
1120bps
Net Loss
($1.0)
$(5.5)
(81.8)%
Diluted Loss per Share
($0.10)
$(0.37)
(73.0)%
Adjusted EBITDA
$0.8
$(2.7)
+$3.5M
Adjusted EBITDA Margin
3.4%
(9.6)%
1300bps
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1 On April 4, 2025, the Company closed on a transaction to sell substantially all of the assets of Bristol Metals, LLC (“BRISMET”). As a result, financial results from BRISMET have been categorized into discontinued operations.
Management Commentary
“In Q1 2025, we built on our 2024 self‑help initiatives to double gross profit to $4.8 million and ex...
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02.05.25 - 14:06
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Ascent Industries Sets First Quarter 2025 Earnings Conference Call for May 12, 2025, at 5:00 p.m. ET (Business Wire)
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SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Monday, May 12, 2025, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2025. The results will be reported in a press release prior to the conference call.
Ascent management will host the conference call, followed by a question and answer period.
Date: Monday, May 12, 2025
Time: 5:00 p.m. Eastern time
Live Call Registration Link: HereWebcast Registration Link: Here
To access the call by phone, please register via the live call registration link above or here and you will be provided with dial-in instructions and details. If you have any difficulty connecting with the conference call, please contact Gateway Group at 1-949-574-3860.
The conference call will also be broadcast live and available for replay via the webcast r...
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04.03.25 - 22:06
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Ascent Industries Reports Fourth Quarter and Full Year 2024 Results (Business Wire)
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Ascent Finishes the Year with Strong Earnings Growth, a Healthy Cash Balance, Debt Free, and Nearly $15 Million of Free Cash Flow Generated in 2024
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the fourth quarter and full year ended December 31, 2024.
Fourth Quarter 2024 Summary1
(in millions, except per share and margin)
Q4 2024
Q4 2023
Change
Net Sales
$40.7
$41.2
(1.3)%
Gross Profit
$7.3
$(2.1)
438.4%
Gross Profit Margin
17.9%
(5.2)%
2310 bps
Net Income (Loss)
$0.1
$(7.5)
101.1%
Diluted Earnings (Loss) per Share
$0.01
$(0.73)
101.4%
Adjusted EBITDA
$2.6
$(5.9)
143.2%
Adjusted EBITDA Margin
6.3%
(14.4)%
2070 bps
Full Year 2024 Summary1
(in millions, except per share and margin)
2024
2023
Change
Net Sales
$177.9
$193.2
(7.9)%
Gross Profit
$22.1
$1.5
1349.3%
Gross Profit Margin
12.4%
0.8%
1160 bps
Net (Loss)
$(11...
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19.02.25 - 14:03
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Ascent Industries Sets Fourth Quarter and Full Year 2024 Earnings Conference Call for March 4, 2025, at 5:00 p.m. ET (Business Wire)
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SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Tuesday, March 4, 2025, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The results will be reported in a press release prior to the conference call.
Ascent management will host the conference call, followed by a question and answer period.
Date: Tuesday, March 4, 2025
Time: 5:00 p.m. Eastern time
Live Call Registration Link: HereWebcast Registration Link: Here
To access the call by phone, please register via the live call registration link above or here and you will be provided with dial-in instructions and details. If you have any difficulty connecting with the conference call, please contact Gateway Group at 1-949-574-3860.
The conference call will also be broadcast live and available for re...
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