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Stock impact report

Innospec Reports Third Quarter 2024 Financial Results

Innospec Inc. (IOSP) 
Last innospec inc. earnings: 8/6 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: innospecinc.com/investor-relations
Company Research Source: GlobeNewswire
Performance Chemicals and Fuel Specialties operating income up double digits with margin expansion As expected, Oilfield Services results remain impacted by lower production chemical activity $73.5 million cash generated from operations; Net cash improves to $303.8 million GAAP EPS $1.33 and adjusted non-GAAP EPS $1.35 Dividend for full year increased by 10 percent ENGLEWOOD, Colo., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the third quarter ended September 30, 2024 and declared a semi-annual dividend of 79 cents per common share for the second half of 2024, which will be paid on November 26, 2024 to shareholders of record as of November 18, 2024. This brings the annual dividend to $1.55 per share, a 10 percent increase over 2023. Total revenues for the third quarter were $443.4 million, a decrease of 4 percent from $464.1 million in the corresponding period last year. Net income for the quarter was $33.4 million o Show less Read more
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