Ascent Industries Co. (ACNT) Q1 2025 Earnings Call Transcript |
Ascent Industries Co. (BKNG) Q1 2025 Earnings Conference Call May 12, 2025 5:00 PM ET Company Participants Ralf Esper - Investor Relations Bryan Kitchen - Chief Executive Officer Ryan Kavalauskas - Chief Financial Officer Conference Call Participants Operator Good afternoon, and welcome to Ascent Industries Q1 2025 Earnings Call. Today's speaker are CEO, Bryan Kitchen; CFO, Ryan Kavalauskas; and the company's on-site Investor Relations adviser, Ralf Esper. |
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2025-05-13 00:20:21 |
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Ascent Industries Reports First Quarter 2025 Results |
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the first quarter ended March 31, 2025. First Quarter 2025 Summary1 (in millions, except per share and margin) Q1 2025 Q1 2024 Change Net Sales $24.7 $28.0 (11.8)% Gross Profit $4.8 $2.3 108.7% Gross Profit Margin 19.4% 8.2% 1120bps Net Loss ($1.0) $(5.5) (81.8)%. |
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2025-05-12 20:05:00 |
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Ascent Industries Sets First Quarter 2025 Earnings Conference Call for May 12, 2025, at 5:00 p.m. ET |
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Monday, May 12, 2025, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2025. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed by. |
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2025-05-02 12:00:00 |
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Ascent Industries Announces Upcoming Investor Conference Schedule |
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, will participate in several upcoming investor conferences to discuss the Company's achievements regarding its stabilization and optimization initiatives as well as its recent divestiture within its tubular products segment. The following are the Company's currently scheduled investor marketing. |
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2025-04-21 12:00:00 |
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Ascent Industries Co. Announces Successful Completion of Sale of Bristol Metals, LLC |
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production and distribution of specialty chemicals and industrial tubular products, today announced the successful closing of the previously announced sale of substantially all of the assets of Bristol Metals, LLC (“BRISMET”) to Ta Chen International, Inc. (“Ta Chen”), a global manufacturer and distributor of stainless and aluminum products, for approximatel. |
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2025-04-07 12:00:00 |
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Ascent Industries Brings Performance-Driven Oil & Gas Solutions to AFPM 2025 |
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, will attend the American Fuel & Petrochemical Manufacturers (AFPM) Annual Meeting in San Antonio, Texas, from March 23-25, 2025. The Company will highlight its robust portfolio of oil & gas performance additives and its commitment to delivering reliable, U.S.-based chemical manufacturi. |
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2025-03-17 10:30:00 |
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Ascent Industries: Can The Small Steel Maker Take Advantage Of Trade Tarriffs? |
ACNT is rated as a HOLD due to its potential benefits from Trump tariffs but requires evidence of improved performance in a changing market. The firm has solid financial health, limited debt, and efficient capital deployment but faces challenges with declining steel tube sales and small scale operations. ACNT's valuation is in line with industry peers, but its smaller scale and customer concentration risks warrant caution before investing. |
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2025-03-14 10:53:24 |
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Ascent Industries Co. Announces Sale of Bristol Metals, LLC for $45 Million |
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production and distribution of specialty chemicals and industrial tubular products, has announced it has reached a definitive agreement to sell substantially all of the assets of Bristol Metals, LLC (“BRISMET”) to Ta Chen International, Inc. (Ta Chen), a manufacturer and distributor of stainless and aluminum coils, sheets, plates, long products, tubes and PV. |
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2025-03-12 18:05:00 |
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Ascent Industries Co. (ACNT) Q4 2024 Earnings Call Transcript |
Ascent Industries Co. (NASDAQ:ACNT ) Q4 2024 Earnings Conference Call March 4, 2024 5:00 PM ET Company Participants Cody Cree - Outside IR Advisor Ben Rosenzweig - Executive Chairman Bryan Kitchen - CEO Ryan Kavalauskas - CFO Conference Call Participants Operator Good afternoon everyone and thank you for participating in today's conference call to discuss Ascent's Financial Results for the Fourth Quarter and Full Year ended December 31st, 2024. Joining us today are Ascent's Executive Chairman of the Board, Ben Rosenzweig; CEO, Bryan Kitchen; CFO, Ryan Kavalauskas; and the company's outside Investor Relations Adviser, Cody Cree. |
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2025-03-05 00:03:53 |
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Ascent Industries Reports Fourth Quarter and Full Year 2024 Results |
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Summary1 (in millions, except per share and margin) Q4 2024 Q4 2023 Change Net Sales $40.7 $41.2 (1.3)% Gross Profit $7.3 $(2.1) 438.4% Gross Profit Margin 17.9% (5.2)% 2310 bps Net Incom. |
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2025-03-04 18:05:00 |
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Ascent Announces Board Authorization of Expanded Stock Purchase Program |
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) today announced that its Board of Directors authorized an expanded and extended stock repurchase program under which up to 1,000,000 shares, approximately 10% of its outstanding common stock, may be acquired in the open market over the next 24 months at the discretion of management. Bryan Kitchen, President and CEO, said, “Share repurchases are a key part of our capital allocation strategy. The Board's expanded authorizatio. |
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2025-02-18 10:00:00 |
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Innovating Clean, Simplifying Care: Ascent Industries Launches New HI&I Ingredients Portfolio |
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, announced today the launch of its Household, Industrial, and Institutional (HI&I) Cleaning Ingredients Portfolio. The comprehensive range of engineered solutions delivers exceptional cleaning performance while prioritizing sustainability, reflecting Ascent's commitment to “Innovating Clean. |
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2025-01-27 10:30:00 |
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Ascent Industries Co. (ACNT) Q3 2024 Earnings Call Transcript |
Ascent Industries Co. (NASDAQ:ACNT ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Cody Cree - Outside IR Advisor Ben Rosenzweig - Executive Chairman of the Board Bryan Kitchen - Chief Executive Officer Ryan Kavalauskas - Chief Financial Officer Conference Call Participants Operator Good afternoon everyone and thank you for participating in today's conference call to discuss Ascent's financial results for the third quarter ended September 30th, 2024. Joining us today are Ascent's Executive Chairman of the Board, Ben Rosenzweig; CEO, Bryan Kitchen; CFO, Ryan Kavalauskas; and the company's outside Investor Relations Adviser, Cody Cree. |
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2024-11-12 23:57:25 |
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Ascent Industries Sets Third Quarter 2024 Earnings Conference Call for November 12, 2024, at 5:00 p.m. ET |
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Tuesday, November 12, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call,. |
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2024-10-29 10:00:00 |
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National Vision Releases 2023 Sustainability Report |
DULUTH, Ga.--(BUSINESS WIRE)--National Vision, Inc., one of the largest optical retail companies in the U.S., released its 2023 Sustainability Report, “A World Worth Seeing.” The report reflects continued progress across its Social, Employees, Environment and Governance (SEE+G) framework. “In 2023, National Vision helped nearly 10 million people see better and live better. Our success as a business is deeply intertwined with our commitment to improving lives through accessible and affordable ey. |
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2024-08-27 12:00:00 |
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Ascent Industries Co. (ACNT) Q2 2024 Earnings Call Transcript |
Ascent Industries Co. (NASDAQ:ACNT ) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Cody Cree - Outside IR Advisor Ben Rosenzweig - Executive Chairman of the Board Bryan Kitchen - CEO Ryan Kavalauskas - CFO Conference Call Participants Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Ascent's Financial Results for the Second Quarter ending June 30, 2024. Joining us today are Ascent's Executive Chairman of the Board, Ben Rosenzweig, CEO, Brian Kitchen, CFO, Brian Kavaloskis, and the company's Outside Investor Relations Advisor, Cody Cree. |
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2024-08-07 01:09:07 |
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Ascent Industries Co. (ACNT) Q1 2024 Earnings Call Transcript |
Ascent Industries Co. (NASDAQ:ACNT ) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Cody Cree - IR Ben Rosenzweig - Executive Chairman of the Board Bryan Kitchen - CEO Ryan Kavalauskas - CFO Conference Call Participants Vincent Anderson - Stifel Operator Good afternoon, and thank you for participating in today's Conference Call to discuss Ascent's Financial Results for the First Quarter ended March 31st, 2024. Joining us today are Ascent's Executive Chairman of the Board, Ben Rosenzweig, and CEO Bryan Kitchen, CFO Ryan Kavalauskas, and the company's Outside Investor Relations Advisor, Cody Cree. |
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2024-05-12 14:10:17 |
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Ascent Industries (ACNT) Reports Q1 Loss, Tops Revenue Estimates |
Ascent Industries (ACNT) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.36. This compares to loss of $0.51 per share a year ago. |
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2024-05-08 23:31:17 |
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Will Ascent Industries (ACNT) Report Negative Earnings Next Week? What You Should Know |
Ascent Industries (ACNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
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2024-05-01 15:05:20 |
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Ascent Industries Sets First Quarter 2024 Earnings Conference Call for May 8, 2024, at 5:00 p.m. ET |
OAK BROOK, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Wednesday, May 8, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed. |
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2024-04-24 12:00:00 |
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New Strong Sell Stocks for April 8th |
ASLE, ARLP and ACNT have been added to the Zacks Rank #5 (Strong Sell) List on April 8, 2023. |
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2024-04-08 11:25:21 |
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Ascent Industries Co. (ACNT) Q4 2023 Earnings Call Transcript |
Ascent Industries Co. (ACNT) Q4 2023 Earnings Call Transcript |
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2024-03-28 22:56:07 |
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Ascent Industries (ACNT) Reports Q4 Loss, Lags Revenue Estimates |
Ascent Industries (ACNT) came out with a quarterly loss of $0.73 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $0.01 per share a year ago. |
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2024-03-28 20:26:02 |
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Ascent Industries Reports Fourth Quarter and Full Year 2023 Results |
OAK BROOK, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Summary1 (in millions, except per share and margin) Q4 2023 Q4 2022 Change Net Sales $41.2 $54.2 (23.9)% Gross Profit $(2.1) $4.9 (143.9)% Gross Profit Margin (5.2)% 9.0% (1,420)bps N. |
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2024-03-28 18:05:00 |
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Ascent Industries Sets Fourth Quarter and Full Year 2023 Earnings Conference Call for March 28, 2024, at 5:00 p.m. ET |
OAK BROOK, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Thursday, March 28, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2023. The results will be reported in a press release prior to the conference call. Ascent management will host the confer. |
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2024-03-26 18:05:00 |
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Ascent Industries: Operations Are Improving Again |
Revenues are expected to remain depressed for more quarters. Profit margins improved for three consecutive quarters, and recent moves suggest that they will keep increasing. The recent divestment of Specialty Tubes & Pipe should help to reduce debt significantly. |
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2024-02-17 09:55:20 |
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Ascent Industries Promotes New Executive Management Team |
OAK BROOK, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production and distribution of specialty chemicals and industrial tubular products, has announced the promotion of Ascent Chemicals' President J. Bryan Kitchen to Ascent's CEO and Ascent Chemicals' Vice President of Financial Planning and Analysis Ryan Kavalauskas to Ascent's CFO. Mr. Kitchen succeeds President and CEO Chris Hutter, who will remain on the Com. |
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2024-02-14 18:05:00 |
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Ascent Industries Announces Sale of Specialty Pipe & Tube for $55 Million |
OAK BROOK, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, has announced the sale of the business of Specialty Pipe & Tube (“SPT”) for approximately $55 million in an all-cash transaction. The transaction closed on December 22, 2023. SPT is a leading master distributor for large diameter, hot finish seamless carbon steel pipe and. |
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2023-12-26 18:05:00 |
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Ascent Industries Appoints John W. "Wes" Johnson as President of Ascent Tubular |
OAK BROOK, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, has appointed John W. (“Wes”) Johnson as president of Ascent Tubular, effective December 4, 2023. Mr. Johnson is a results-oriented executive bringing over 20 years of leadership experience across a variety of global industrial-focused companies. Most recently, he served as th. |
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2023-12-04 10:30:00 |
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Ascent Industries Co. (ACNT) Q3 2023 Earnings Call Transcript |
Ascent Industries Co. (NASDAQ:ACNT ) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Cody Cree - Investor Relations Ben Rosenzweig - Executive Chairman of the Board Chris Hutter - President & Chief Executive Officer Bill Steckel - Chief Financial Officer Conference Call Participants Vincent Anderson - Stifel Operator Good afternoon, everyone and thank you for participating in today's Conference Call to discuss Ascent's Financial Results for the Third Quarter ended September 30, 2023. Joining us today are Ascent's Executive Chairman of the Board, Ben Rosenzweig; President and CEO, Chris Hutter; CFO, Bill Steckel; and the company's outside Investor Relations Adviser, Cody Cree. |
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2023-11-12 17:06:02 |
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Ascent Industries Reports Third Quarter 2023 Results |
OAK BROOK, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, is reporting its results for the third quarter ended September 30, 2023. Third Quarter 2023 Summary – Continuing Operations1 (in millions, expect per share and margin) Q3 2023 Q3 2022 Change Net Sales $56.1 $78.2 -28.3% Gross Profit $6.0 $14.1 -57.3% Gross Profit Margin 10.7%. |
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2023-11-08 18:05:00 |
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Ascent Industries Sets Third Quarter 2023 Earnings Conference Call for November 8, 2023, at 5:00 p.m. ET |
OAK BROOK, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, will hold a conference call on Wednesday, November 8, 2023, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023. The results will be reported in a press release prior to the conference call. Ascent management will host the. |
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2023-10-25 20:05:00 |
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