Ascent Industries Reports Second Quarter 2026 Results; Year-Over-Year Net Sales Increase 37.6% and Adjusted EBITDA Improves by $1.8 Million
Ascent Industries reported Q2 net sales of $25.7 million, up 37.6% year-over-year, driven by increases in both volume and average selling prices. The company returned to profitability with net income of $0.7 million compared to a prior-year loss, while adjusted EBITDA improved by $1.8 million to $1.5 million.
Key figures
- Eps
- 0.07
- Revenue
- $25.7 million
- Revenue Yoy
- 37.6%
- Gross profit
- 5500000
- Adjusted ebitda
- 1500000
- Adj ebitda margin
- 5.7%
- Shares repurchased
- 209868
- Repurchase avg price
- 13.8
- Repurchase total cost
- 2900000
AI analysis
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