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Ascent Industries (ACNT)
NASDAQ:ACNT
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.09Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 12, 2025
|% Change Since: -2.11%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant improvements in adjusted EBITDA, gross margins, and strategic repositioning, with a strong focus on higher-margin opportunities and operational discipline. However, these were offset by a decline in overall revenue and continued market softness. The company's strategic decisions and financial improvements indicate a positive trajectory despite current challenges.Company Guidance
During Ascent Industries' Q1 2025 earnings call, several key metrics were highlighted, underscoring the company's financial and operational advancements. Net sales from continuing operations were reported at $24.7 million, marking a decline from $28 million in Q1 2024, attributed to broader market softness. Despite this, the company achieved a significant turnaround in adjusted EBITDA, improving from a $2.7 million loss in Q1 2024 to a positive $843,000 this quarter. The Tubular segment saw a gross margin increase from 12.3% to 24.8%, with adjusted EBITDA rising almost fivefold to $1.3 million. In the Specialty Chemicals segment, while revenue decreased to $17.8 million, gross profit climbed by $2.1 million, achieving a 131% improvement. The adjusted EBITDA in this segment also surged by $2.3 million, transitioning from a $0.3 million loss to a positive $2 million. Additionally, the company ended the quarter with $14.3 million in cash and no debt, prior to selling Bristol Metals for $45 million, providing substantial strategic flexibility. These metrics reflect Ascent's strategic focus on higher-margin opportunities, tighter cost controls, and improved operational efficiency.Adjusted EBITDA Improvement
Adjusted EBITDA from continuing operations improved from a loss of $2.7 million in Q1 2024 to a positive $843,000 in Q1 2025, marking a $3.5 million turnaround.
Gross Margin Expansion in Tubular Segment
Gross margin in the Tubular segment increased from 12.3% to 24.8%, with adjusted EBITDA rising nearly 5 times to $1.3 million.
Specialty Chemicals Segment Performance
Gross profit in Specialty Chemicals increased by 131%, from $1.6 million in Q1 2024 to $3.7 million in Q1 2025, with gross margin expanding from 7.6% to 21%.
Successful Strategic Repositioning
Company strategically exited low-margin, low-value volume streams, resulting in a 22.8% reduction in pounds shipped but a 13.5% increase in average selling prices.
Increased Market Engagement
Average daily trading volume increased to roughly 63,000 shares in Q1 2025, a 160% lift versus Q1 2024.
Strong Balance Sheet
Ended the quarter with $14.3 million in cash and no debt before the divestiture of Bristol assets for $45 million.
ACNT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ACNT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2025 | $12.82 | $11.90 | -7.18% |
Mar 04, 2025 | $11.05 | $11.58 | +4.80% |
Nov 12, 2024 | $9.42 | $9.59 | +1.80% |
Aug 06, 2024 | $10.04 | $10.24 | +1.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ascent Industries (ACNT) report earnings?
Ascent Industries (ACNT) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Ascent Industries (ACNT) earnings time?
Ascent Industries (ACNT) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ACNT EPS forecast?
Currently, no data Available