Stifel initiated coverage of Ascent Industries with a rating of Buy and set a new price target of $20.00

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the third quarter ended September 30, 2024.   Third Quarter 2024 Summary1   (in millions, except per share and margin) Q3 2024 Q3 2023 Change Net Sales $42.9 $46.7 (8.2)% Gross Profit $6.5 $3.0 116.5% Gross Profit Margin 15.1% 6.4% 870bps Net (Loss) $(7.0) $(14.7) (52.2)% Diluted (Loss) per Share $(0.69) $(1.45) (52.4)% Adj

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Tuesday, November 12, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed by a question and answer period. Date: Tuesday, November 12, 2024 Time: 5:00 p.m. Eastern time Live Call Registration Link: Here Webcast Registration Link: Here To access the call by phone, please register via the live call

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of specialty chemicals and industrial tubular products, announced today it has opened its new corporate headquarters in Schaumburg, Illinois, a suburb of Chicago. "This recent investment underscores Ascent's commitment to support the growth of our customers, employees and company," said J. Bryan Kitchen, Ascent's president & CEO. "Strong momentum is building at Ascent. Our enhanced footprint in Chicagoland will enable intense, cross-functional collaboration for the betterment of our customers, our employees, and our shareholders." Ascent's new space is in th

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, is confirmed to attend the 2024 Annual Gateway Conference, which is being held September 4-5, at the Four Seasons Hotel in San Francisco, CA. CEO Bryan Kitchen and CFO Ryan Kavalauskas will be in attendance and available for one-on-one meetings throughout the conference. During the event, the executive team will be discussing with the investment community the recent success of their stabilization efforts and their positive long-term outlook for the Company as they aim to create a more predictable, reliable, and profitable

  Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the second quarter ended June 30, 2024. Second Quarter 2024 Summary1 (in millions, except per share and margin) Q2 2024 Q2 2023 Change Net Sales $50.2 $50.4 (0.3)% Gross Profit $5.9 $(0.8) 854.2% Gross Profit Margin 11.7% (1.5)% 1320bps Net Loss $(0.2) $(6.1) 96.8% Diluted Loss per Share $(0.02) $(0.60) 96.7% Adjusted EBITDA $

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Tuesday, August 6, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed by a question and answer period. Date: Tuesday, August 6, 2024 Time: 5:00 p.m. Eastern time Live Call Registration Link: Here Webcast Registration Link: Here To access the call by phone, please register via the live call regist

NEWPORT BEACH, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- Gateway Group ("Gateway"), a leading financial communications and digital media advisory firm, today announced the initial sponsor list and latest presenting companies for its annual Gateway Conference taking place at the Four Seasons Hotel in San Francisco on September 4th and 5th. Conference SponsorshipThe Gateway Conference is sponsored by leading firms servicing the financial community. The event provides a rich environment for business development and an effective marketing platform to reach key corporate decision makers. Sponsorships are currently available in the Gold, Silver, and Bronze levels. For additional inform

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the first quarter ended March 31, 2024. First Quarter 2024 Summary1   (in millions, except per share and margin) Q1 2024 Q1 2023 Change Net Sales $44.1 $54.9 (19.6)% Gross Profit $2.5 $1.5 72.4% Gross Profit Margin 5.7% 2.7% 300bps Net (Loss) $(4.7) $(5.8) 18.6% Diluted (Loss) per Share $(0.47) $(0.57) 17.5% Adjusted EBITDA

NEWPORT BEACH, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Gateway Group ("Gateway"), a leading financial communications and digital media advisory firm, today announced the preliminary list of presenting companies for its annual Gateway Conference taking place at the Four Seasons Hotel in San Francisco on September 4th and 5th. Celebrating 25 years of connecting leading growth companies with global capital markets audiences, Gateway is bringing back its flagship conference in person for the first time since 2019. Over the past decade, the Gateway Conference has served as a vital platform for hundreds of companies, both public and private, across sectors such as technology, cleantech, cons

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Wednesday, May 8, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed by a question and answer period. Date: Wednesday, May 8, 2024 Time: 5:00 p.m. Eastern time Live Call Registration Link: Here Webcast Registration Link: Here To access the call by phone, please register via the live call registra

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, has appointed John W. ("Wes") Johnson as president of Ascent Tubular, effective December 4, 2023. Mr. Johnson is a results-oriented executive bringing over 20 years of leadership experience across a variety of global industrial-focused companies. Most recently, he served as the senior vice president and global general manager of Corrpro, a subsidiary of Aegion Corporation that offers total corrosion solutions to the energy, Department of Defense, municipal, and marine markets. While at Corrpro, Mr. Johnso

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, has appointed J. Bryan Kitchen as president of Ascent Chemicals, effective September 18, 2023. Mr. Kitchen joins Ascent with nearly two decades of senior leadership experience in the chemicals industry, having held management roles for several global industry leaders. Most recently, he served as president, CEO and chairman of the board for Clearon Corp., a leading specialty chemicals manufacturer of essential sanitizers and disinfectants for household, industrial, institutional and water treatment applica

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, today announced the appointment of Bill Steckel as chief financial officer, effective today. He succeeds Aaron Tam, who has resigned as CFO. Mr. Steckel brings to Ascent more than two decades of extensive experience in operational finance, financial planning and analysis and treasury across a wide range of industries, as well as expertise in capital markets and M&A. Prior to joining Ascent, he spent over five years in multiple CFO assignments for manufacturing, distribution and technology companies. Durin

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the third quarter ended September 30, 2024.   Third Quarter 2024 Summary1   (in millions, except per share and margin) Q3 2024 Q3 2023 Change Net Sales $42.9 $46.7 (8.2)% Gross Profit $6.5 $3.0 116.5% Gross Profit Margin 15.1% 6.4% 870bps Net (Loss) $(7.0) $(14.7) (52.2)% Diluted (Loss) per Share $(0.69) $(1.45) (52.4)% Adj

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Tuesday, November 12, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed by a question and answer period. Date: Tuesday, November 12, 2024 Time: 5:00 p.m. Eastern time Live Call Registration Link: Here Webcast Registration Link: Here To access the call by phone, please register via the live call

  Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the second quarter ended June 30, 2024. Second Quarter 2024 Summary1 (in millions, except per share and margin) Q2 2024 Q2 2023 Change Net Sales $50.2 $50.4 (0.3)% Gross Profit $5.9 $(0.8) 854.2% Gross Profit Margin 11.7% (1.5)% 1320bps Net Loss $(0.2) $(6.1) 96.8% Diluted Loss per Share $(0.02) $(0.60) 96.7% Adjusted EBITDA $

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Tuesday, August 6, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed by a question and answer period. Date: Tuesday, August 6, 2024 Time: 5:00 p.m. Eastern time Live Call Registration Link: Here Webcast Registration Link: Here To access the call by phone, please register via the live call regist

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the first quarter ended March 31, 2024. First Quarter 2024 Summary1   (in millions, except per share and margin) Q1 2024 Q1 2023 Change Net Sales $44.1 $54.9 (19.6)% Gross Profit $2.5 $1.5 72.4% Gross Profit Margin 5.7% 2.7% 300bps Net (Loss) $(4.7) $(5.8) 18.6% Diluted (Loss) per Share $(0.47) $(0.57) 17.5% Adjusted EBITDA

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Wednesday, May 8, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed by a question and answer period. Date: Wednesday, May 8, 2024 Time: 5:00 p.m. Eastern time Live Call Registration Link: Here Webcast Registration Link: Here To access the call by phone, please register via the live call registra

Eliminated All Outstanding Debt with Cash Proceeds from the Sale of Specialty Pipe & Tube New Leadership Focused on Accelerating Profitable Growth and Maximizing Value Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the fourth quarter and full year ended December 31, 2023.   Fourth Quarter 2023 Summary1   (in millions, except per share and margin) Q4 2023 Q4 2022 Change Net Sales $41.2 $54.2 (23.9)% Gross Profit $(2.1) $4.9 (143.9)% Gross Prof

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Thursday, March 28, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2023. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed by a question and answer period. Date: Thursday, March 28, 2024 Time: 5:00 p.m. Eastern time Live Call Registration Link: Here Webcast Registration Link: Here To access the call by phone, please register via

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, is reporting its results for the third quarter ended September 30, 2023. Third Quarter 2023 Summary – Continuing Operations1 (in millions, expect per share and margin) Q3 2023 Q3 2022 Change Net Sales $56.1 $78.2 -28.3% Gross Profit $6.0 $14.1 -57.3% Gross Profit Margin 10.7% 18.0% -730bps Net Income (Loss) $(12.8) $3.1 -511.2% Diluted Earnings (Loss) per Share $(1.26

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, will hold a conference call on Wednesday, November 8, 2023, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed by a question and answer period. Date: Wednesday, November 8, 2023 Time: 5:00 p.m. Eastern time Live Call Registration Link: Here Webcast Registration Link: Here To access the call by phone, please regi

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

3 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

-SEC Filing

Although U.S. stocks closed mixed on Monday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Grocery Outlet The Trade: Grocery Outlet Holding Corp. (NASDAQ:GO) Director Erik D. Ragatz acquired a total of 100,000 shares

Ascent Industries (NASDAQ:ACNT) reported quarterly losses of $(0.41) per share. This is a 28.07 percent increase over losses of $(0.57) per share from the same period last year. The company reported quarterly sales of $44.110 million which beat the analyst consensus estimate of $39.800 million by 10.83 percent. This is a 19.60 percent decrease over sales of $54.860 million the same period last year.

Top Stories for April 1, 2024: 1. Institutional Shareholder Services (ISS) and Glass Lewis, independent proxy advisory firms, recommended U.S. Steel (NYSE:X) shareholders approve the sale to Nippon Steel at the April 12 special meeting.  ISS believes the transaction offers a significant premium from a competitive sale process, favoring Nippon’s all-cash offer over a riskier offer from Cleveland-Cliffs (NYSE:CLF).  Glass Lewis also notes the deal’s value substantially exceeds U.S. Steel's stand-alone valuation prior to the announcement, viewing the all-cash purchase price as attractive and well-supported by a comprehensive solicitation effort. 2. Ascent Industries (NASDAQ:ACNT) re

Ascent Industries (NASDAQ:ACNT) reported its Q4 earnings results on Thursday, March 28, 2024 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Ascent Industries missed estimated earnings by -811.9999999999999%, reporting an EPS of $-0.73 versus an estimate of $-0.08. Revenue was down $40.34 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $1.14 which was followed by a 4.0% increase in the share price the next day. To track all earnings releases for Ascent Industries visit their earnings calendar here. This article was generated by Benzinga's automated content engine and reviewed by an editor.

Ascent Industries (NASDAQ:ACNT) reported quarterly losses of $(0.73) per share. The company reported quarterly sales of $41.216 million which missed the analyst consensus estimate of $63.500 million by 35.09 percent. This is a 23.93 percent decrease over sales of $54.180 million the same period last year.

Companies Reporting Before The Bell • Universal Stainless (NASDAQ:USAP) is expected to report quarterly earnings at $0.32 per share on revenue of $78.65 million. • Shimmick (NASDAQ:SHIM) is estimated to report quarterly loss at $0.20 per share on revenue of $158.50 million. • MSC Industrial Direct Co (NYSE:MSM) is estimated to report quarterly earnings at $1.16 per share on revenue of $946.55 million. • Walgreens Boots Alliance (NASDAQ:WBA) is likely to report quarterly earnings at $0.75 per share on revenue of $33.03 billion. • Data Storage (NASDAQ:DTST) is projected to report earnings for its fourth quarter. • Affimed (NASDAQ:AFMD) is likely to report quarterly loss at $1.68 per shar

Ascent Industries (NASDAQ:ACNT) is set to give its latest quarterly earnings report on Thursday, 2024-03-28. Here's what investors need to know before the announcement. Analysts estimate that Ascent Industries will report an earnings per share (EPS) of $-0.08. Ascent Industries bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company missed EPS by $1.14, which was followed by a 4.09% inc