Avient announces fourth quarter and full year 2022 results
Fourth quarter and full year gaap eps from continuing operations of $(0.19) and $0.90 fourth quarter and full year adjusted eps from continuing operations of $0.39 and $2.69 exceeds prior guidance of $0.29 and $2.60 due to better-than-expected orders for personal protection products from avient protective materials ("apm") and cost reductions on a pro forma basis, fourth quarter and full year adjusted eps of $0.42 and $3.04 exceeded prior guidance of $0.33 and $2.95, respectively strong working capital performance to finish the year resulted in cash flow from operations of approximately $400 million for 2022; full year free cash flow of approximately $290 million paid down additional $200 million of debt for a year-end net debt-to-adjusted ebitda of 2.9x which improved from prior projections earned fourth great place to work® certification, achieving the highest employee engagement scores in the history of the company cleveland , feb. 15, 2023 /prnewswire/ -- avient corporation (nyse: avnt), a leading provider of specialized and sustainable solutions, today announced its fourth quarter and full year results for 2022. fourth quarter and full year gaap earnings per share (eps) from continuing operations were $(0.19) and $0.90, respectively.
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