Ecovyst Inc. Reports Q1 2025 Results and Acquisition Plans

Ecovyst Inc ( (ECVT) ) has released its Q1 earnings. Here is a breakdown of the information Ecovyst Inc presented to its investors.

Ecovyst Inc. is a global provider of advanced materials, specialty catalysts, virgin sulfuric acid, and sulfuric acid regeneration services, operating primarily in the chemical industry with a focus on sustainability and innovation. In the first quarter of 2025, Ecovyst reported sales of $162.2 million, a slight increase from the previous year, but faced a net loss of $3.6 million compared to a net income of $1.2 million in the same quarter of 2024. The company reaffirmed its full-year guidance for adjusted EBITDA and announced plans to acquire Cornerstone Chemical Company’s sulfuric acid production assets for $35 million, expected to close in the second quarter of 2025. Key financial metrics for the quarter included an adjusted EBITDA of $38.9 million, down from $45.5 million in the previous year, and cash flows from operating activities of $10.3 million, a significant decrease from $36.5 million in the first quarter of 2024. Despite these challenges, the Advanced Materials & Catalysts segment showed strength, with a notable increase in sales from the Zeolyst Joint Venture. Looking ahead, Ecovyst anticipates improved performance in its Ecoservices segment due to high refinery utilization and increased demand for sulfuric acid in mining applications. The company remains optimistic about its long-term growth prospects, supported by ongoing investments and strategic acquisitions.