2023-05-04 07:00:55 ET
- Ecovyst press release ( NYSE: ECVT ): Q1 Non-GAAP EPS of $0.06 beats by $0.01 .
- Revenue of $160.9M (-10.6% Y/Y) beats by $0.87M .
- Full year 2023 guidance is as follows:
- Sales of $730 million to $760 million vs $778.04M Consensus.
- Sales of $145 million to $155 million for proportionate 50% share of Zeolyst Joint Venture, which is excluded from GAAP Sales
- Adjusted EBITDA of $285 million to $300 million, up 6% from 2022 at the mid-point of the range
- Adjusted Free Cash Flow of $115 million to $130 million
- Capital expenditures of $60 million to $70 million
- Interest expense of $45 million to $50 million
- Depreciation & Amortization
- Ecovyst - $80 million to $90 million
- Zeolyst J.V. - $14 million to $16 million
For further details see:
Ecovyst Non-GAAP EPS of $0.06 beats by $0.01, revenue of $160.9M beats by $0.87M