AI brief of an SEC Form 8-K · Innospec (IOSP)

Innospec Q1 net income rises to $41.4 million; revenue falls 2% to $500.2 million

Mixed Impact 3 of 5 earnings Written later

Innospec reported first-quarter 2024 results for the period ended March 31, 2024. Revenue fell 2% to $500.2 million, while net income rose to $41.4 million, or $1.65 per diluted share, from $33.2 million, or $1.33 per diluted share, a year earlier. The board also declared a semi-annual dividend of $0.76 per share, a 10% increase, payable May 31, 2024 to holders of record on May 20, 2024.

Key points

  • Revenue was $500.2 million, down 2% from $509.6 million a year earlier.
  • Net income was $41.4 million, or $1.65 per diluted share, versus $33.2 million, or $1.33, a year earlier.
  • Adjusted non-GAAP EPS was $1.75 per diluted share versus $1.38 a year earlier; cash from operating activities was $80.6 million.
  • Semi-annual dividend of $0.76 per share, up 10%, payable May 31, 2024 to holders of record on May 20, 2024.

The filing

CompanyInnospec (IOSP)
Form8-K, current report
Filed with the SECMay 10, 2024, 6:07 AM ET
Accession number0001193125-24-135679

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:55 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 May 10, 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.