Ascent industries reports fourth quarter and full year 2024 results

Schaumburg, ill.--(business wire)--ascent industries co. (nasdaq: acnt) (“ascent” or the “company”), an industrial 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, 2024. fourth quarter 2024 summary1 (in millions, except per share and margin) q4 2024 q4 2023 change net sales $40.7 $41.2 (1.3)% gross profit $7.3 $(2.1) 438.4% gross profit margin 17.9% (5.2)% 2310 bps net incom.
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