Flash FinanceUS
Market open 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 Q3 sales rise 8% to $645 million, net income turns to $40 million

Positive Impact 3 of 5 earnings Written later

Element Solutions reported third quarter 2024 net sales of $645 million, up 8% from a year earlier, and net income of $40 million, compared with a net loss of $32 million in the same quarter of 2023. The company also updated its full year 2024 adjusted EBITDA guidance to $535 million to $540 million, and it is selling its MacDermid Graphics Solutions business for about $325 million, which is expected to close in the fourth quarter of 2024 or the first half of 2025.

Key points

  • Q3 2024 net sales of $645 million, up 8% on a reported basis and 6% on an organic basis; Electronics sales rose 14% to $419 million
  • Net income of $40 million versus a net loss of $32 million a year earlier; GAAP diluted EPS was $0.17 compared with a loss of $0.13
  • Adjusted EBITDA of $143 million, up 6% from $134 million; full year 2024 adjusted EBITDA guidance is $535 million to $540 million
  • Pending sale of MacDermid Graphics Solutions for about $325 million, expected to close in Q4 2024 or the first half of 2025

The filing

CompanyElement Solutions (ESI)
Form8-K, current report
Filed with the SECOct 28, 2024, 4:17 PM ET
Accession number0001590714-24-000143

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 October 28, 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.