Avient announces third quarter 2022 results

Completed the acquisition of dsm protective materials (including dyneema®) on september 1 st and the sale of the distribution business on november 1 st $750 million of after-tax proceeds from the sale of distribution used to redeem all senior unsecured notes due in 2023 and pay down a portion of term loan debt gaap eps from continuing operations of ($0.30) includes special items of ($0.75) primarily associated with acquisition-related costs and an adjustment to environmental reserves adjusted eps excluding intangible amortization of $0.59 is in line with the company's guidance of $0.58 provided on september 27 th revised full year adjusted eps guidance to $2.60 primarily as a result of recently announced covid lockdowns cleveland , nov. 2, 2022 /prnewswire/ -- avient corporation (nyse: avnt), a leading provider of specialized and sustainable solutions, today announced its third quarter 2022 results. gaap earnings per share (eps) from continuing operations were ($0.30) in the third quarter of 2022 compared to $0.37 in the prior year quarter.
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