Innospec Q3 revenue falls 4% to $443.4 million; GAAP EPS $1.33 vs $1.57 a year ago
Innospec reported third-quarter 2024 results with revenue down 4% to $443.4 million and GAAP diluted EPS of $1.33, versus $1.57 a year earlier. The board also declared a semi-annual dividend of $0.79 per share, raising the full-year 2024 dividend to $1.55, a 10% increase over 2023.
Key points
- Total revenue $443.4 million vs $464.1 million a year earlier; net income $33.4 million vs $39.2 million
- Adjusted non-GAAP EPS $1.35 vs $1.59 a year earlier; Oilfield Services operating income fell 57% to $7.1 million
- Dividend of $0.79 per share payable November 26, 2024, to holders of record on November 18, 2024
- Cash and cash equivalents of $303.8 million at September 30, 2024, with no debt
The filing
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 November 06, 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.