Ascent Industries Co. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
For the full year, sales was USD 193.18 million compared to USD 261.99 million a year ago. Net loss was USD 26.63 million compared to net income of USD 22.07 million a year ago. Basic loss per share from continuing operations was USD 3.37 compared to basic earnings per share from continuing operations of USD 1.72 a year ago. Diluted loss per share from continuing operations was USD 3.37 compared to diluted earnings per share from continuing operations of USD 1.69 a year ago. Basic loss per share was USD 2.63 compared to basic earnings per share of USD 2.16 a year ago. Diluted loss per share was USD 2.63 compared to diluted earnings per share of USD 2.12 a year ago.