Innospec Q4 EPS rises to $1.51 from $1.02 as revenue falls 3% to $494.7 million
Innospec reported fourth-quarter 2023 net income of $37.8 million, or $1.51 per diluted share, up from $25.5 million, or $1.02, a year earlier, while quarterly revenue fell 3% to $494.7 million. For the full year, revenue was $1.95 billion, down less than 1%, and GAAP diluted EPS rose to $5.56 from $5.32, so reported profit grew on slightly lower sales.
Key points
- Q4 2023 revenue $494.7 million, down 3% from $510.7 million
- Q4 GAAP diluted EPS $1.51 vs $1.02; adjusted non-GAAP EPS $1.84 vs $1.20
- Full-year 2023 revenue $1.95 billion, down less than 1%; GAAP diluted EPS $5.56 vs $5.32
- Net cash of $203.7 million at December 31, 2023, after funding the QGP acquisition
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits 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 February 14, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.