Ingevity Reports $16.6 Million Profit in Q4, Adjusted EPS of $0.95
NORTH CHARLESTON, S.C. -- Ingevity Corporation (NGVT) announced a $16.6 million profit for its fourth quarter ended December 31, 2022. This translates to earnings per share of $0.46, excluding non-recurring items.
Adjusted for one-time gains and costs, Ingevity reported earnings per share of $0.95. Revenue for the quarter reached $298.8 million.
For the full year, the company recorded a loss of $430.3 million, or $11.85 per share. Revenue for the year totaled $1.41 billion.
Additional Information
* Company: Ingevity Corporation (NGVT)
* Industry: Specialty Chemicals
* Location: North Charleston, South Carolina
* Quarter: Q4 2022
* Revenue: $298.8 million
* Profit: $16.6 million
* Earnings Per Share (GAAP): $0.46
* Earnings Per Share (Adjusted): $0.95
* Full-Year Revenue: $1.41 billion
* Full-Year Loss: $430.3 million
* Full-Year Earnings Per Share (GAAP): $11.85