Ascent Industries Second Quarter 2024 Earnings: US$0.02 loss per share (vs US$0.37 loss in 2Q 2023)

[email protected] (Simply Wall St)
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In This Article:

Ascent Industries (NASDAQ:ACNT) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$50.2m (down 17% from 2Q 2023).

  • Net loss: US$198.0k (loss narrowed by 95% from 2Q 2023).

  • US$0.02 loss per share (improved from US$0.37 loss in 2Q 2023).

earnings-and-revenue-history
NasdaqGM:ACNT Earnings and Revenue History August 8th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ascent Industries shares are up 1.6% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Ascent Industries has 1 warning sign we think you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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