Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Element Solutions (ESI)

Element Solutions Q2 net sales rise 5% to $613 million; net income $93 million

Positive Impact 3 of 5 earnings Written later

Element Solutions reported second-quarter 2024 net sales of $613 million, up 5% from a year earlier, and net income of $93 million versus $30 million in the same quarter of 2023. GAAP diluted EPS was $0.38 compared with $0.11, and adjusted EBITDA rose 16% to $135 million. The company also said it raised its full-year 2024 adjusted EBITDA guidance to $530 million to $545 million, which supports the earnings trend for shareholders.

Key points

  • Net sales $613 million, up 5% reported and 4% organic; Electronics up 10% to $392 million
  • GAAP diluted EPS $0.38 vs $0.11; adjusted EPS $0.36 vs $0.31 a year earlier
  • Adjusted EBITDA $135 million, up 16%; Industrial & Specialty net sales down 4% to $221 million
  • Full-year 2024 adjusted EBITDA guidance raised to $530 million to $545 million; free cash flow expected $280 million to $300 million

The filing

CompanyElement Solutions (ESI)
Form8-K, current report
Filed with the SECJul 29, 2024, 4:20 PM ET
Accession number0001590714-24-000132

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.