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AdvanSix Inc - ASIX STOCK NEWS

Welcome to our dedicated news page for AdvanSix (Ticker: ASIX), a resource for investors and traders seeking the latest updates and insights on AdvanSix.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AdvanSix's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AdvanSix's position in the market.

Rhea-AI Summary
AdvanSix (ASIX) has been awarded a third consecutive Platinum rating for Corporate Social Responsibility by EcoVadis, placing it in the top 1% of all companies assessed. The company was also recognized by CDP for its environmental management practices. This recognition highlights AdvanSix's commitment to responsible and sustainable business practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.34%
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Rhea-AI Summary
AdvanSix (ASIX) will release its first quarter 2024 financial results on May 3, followed by a conference call. Investors can join the call and access presentation materials via the company's investor website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.57%
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Rhea-AI Summary
AdvanSix (ASIX) achieves ISCC PLUS certification for its manufacturing sites, demonstrating commitment to sustainable practices and circular economy principles. The certification validates the adoption of clear, transparent, and traceable practices, supporting the use of recycled materials and sustainable manufacturing. AdvanSix aims to help customers meet environmental goals while building a socially responsible future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
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Rhea-AI Summary
AdvanSix (ASIX) reports 4Q23 sales of $382 million, down 5% YoY, with a net loss of ($0.19) per share. Full-year 2023 sales decreased by 21%, net income down to $54.6 million. Adjusted EBITDA for the quarter was $15.1 million, a significant decrease from the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.73%
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Rhea-AI Summary
AdvanSix (ASIX) has experienced a process-based operational disruption at its Frankford, Pennsylvania manufacturing site, leading to reduced phenol and acetone production at multiple facilities. The company is focused on the safe return of operations and aims to mitigate the impact on customers. The incident is expected to have an $18 to $23 million unfavorable impact on pre-tax income in the first quarter of 2024. However, it did not materially impact the fourth quarter of 2023 results. AdvanSix will provide further financial results and outlook during a conference call on February 16th.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
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Rhea-AI Summary
AdvanSix (ASIX) will release its Q4 and full year 2023 financial results on February 16, followed by an investor conference call at 9:00 a.m. ET. Investors can access the call and presentation materials through the company's website. A replay of the call will be available until February 23.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.77%
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Rhea-AI Summary
AdvanSix (NYSE: ASIX) reported financial results for Q3 2023, with sales of $323 million, down 33% YoY. The company experienced a net loss of $8.0 million and adjusted EBITDA of $7.3 million. Cash flow from operations was $20.8 million, and capital expenditures were $25.1 million. AdvanSix repurchased 266,959 shares for approximately $9.3 million in the quarter.
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Rhea-AI Sentiment
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-7.8%
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Rhea-AI Summary
AdvanSix to release Q3 2023 financial results and hold conference call
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1.23%
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Rhea-AI Summary
AdvanSix CFO to present at CL King & Associates Best Ideas Conference
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-0.89%
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conferences
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Rhea-AI Sentiment
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0.86%
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AdvanSix Inc

NYSE:ASIX

ASIX Rankings

ASIX Stock Data

720.10M
25.70M
3.88%
88.56%
1.19%
Plastics Material and Resin Manufacturing
Manufacturing
Link
US
Parsippany

About ASIX

advansix is a fully-integrated nylon manufacturing leader serving customers globally with a range of resins, films, fertilizers and chemical intermediates found in everyday life. through its chemical engineers, agronomists, logistics experts and support teams, advansix is able to respond quickly to customer needs in end markets that include carpet, textiles, engineering plastics, films, industrial filament and high-value crops. headquartered in new jersey, its plants in chesterfield, va., hopewell, va., philadelphia and pottsville, penn. are some of the largest and most efficient of their kind. its research and development efforts in north america, asia and india are focused on developing innovative process technologies and new products that will lead the nylon industry into the future.