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Stock impact report

AdvanSix Announces First Quarter 2019 Financial Results

AdvanSix Inc. (ASIX) 
Last advansix inc. earnings: 5/1 06:31 am Check Earnings Report
US:NYSE Investor Relations: investors.advansix.com
Company Research Source: Business Wire
Sales of $315 million, down 12% versus prior year driven by raw material pass-through pricing Cash Flow from Operations of $42 million, down 5% versus prior year Earnings Per Share of $0.68, up 84% versus prior year Strategic alliance with Oben Group to sell BOPA film offerings in North America; Closure of Pottsville, PA manufacturing by 3Q19 PARSIPPANY, N.J.--(BUSINESS WIRE)-- AdvanSix (NYSE: ASIX) today announced its financial results for the first quarter ending March 31, 2019. Overall, the Company delivered higher earnings compared to the prior year. First Quarter 2019 Highlights Sales down approximately 12% versus prior year, including approximately 12% lower raw material pass-through pricing, 3% favorable impact of market-based pricing, and 3% lower volume Net Income of $20.2 million, an increase of $8.6 million versus the Show less Read more
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