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Stock impact report

Element Solutions Inc Announces 2024 First Quarter Financial Results

Element Solutions Inc. (ESI) 
Last element solutions inc. earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ittesi.com
Company Research Source: Business Wire
Net sales of $575 million, approximately flat on a reported basis or a 1% increase on an organic basis from the first quarter of 2023Reported net income of $56 million, compared to $43 million in the same period last yearAdjusted EBITDA of $127 million, an increase of 13% from the first quarter of last year on a reported basis and 17% on a constant currency basisFirst quarter 2024 cash flows from operating activities of $58 million and free cash flow of $39 million MIAMI--(BUSINESS WIRE)--Element Solutions Inc (NYSE:ESI) (“Element Solutions” or the “Company”), a global and diversified specialty chemicals company, today announced its financial results for the three months ended March 31, 2024.Executive CommentaryPresident and Chief Executive Officer Benjamin Gliklich commented, “Element Solutions executed well this quarter in recovering electronics markets. Our ongoing investment in high-value technologies, particularly in advanced packaging and semiconductor markets, has driven fav Show less Read more
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