Welcome to our dedicated page for Ecovyst news (Ticker: ECVT), a resource for investors and traders seeking the latest updates and insights on Ecovyst stock.
Ecovyst Inc (ECVT) delivers innovative specialty catalysts and sustainable chemistry solutions through its Ecoservices and Advanced Materials & Catalysts divisions. This page serves as the definitive source for official company announcements, providing stakeholders with timely updates on operational developments and strategic milestones.
Access curated press releases covering earnings reports, partnership agreements, product innovations, and environmental initiatives. Investors will find essential updates on sulfuric acid recycling advancements, catalyst technology breakthroughs, and market expansion efforts that shape Ecovyst's industry leadership.
All content is organized for efficient navigation, featuring verified updates on regulatory filings, manufacturing developments, and sustainability progress. Bookmark this resource to maintain informed perspectives on Ecovyst's contributions to cleaner industrial processes and advanced material science.
Ecovyst Inc. reported first-quarter results for 2024, with sales of $160.5 million and net income of $1.2 million. The company delivered solid results with growth in Ecoservices and Zeolyst Joint Venture. Adjusted EBITDA increased by 6% to $45.5 million. Cash generation was strong, leading to a reduction in net debt leverage ratio to 2.9x. The company provided a positive outlook for 2024, expecting sales of $715-$755 million, Adjusted EBITDA of $255-$275 million, and Free Cash Flow of $85-$105 million.
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