Ascent Industries: Q1 Earnings Snapshot
OAK BROOK, Ill. (AP) — OAK BROOK, Ill. (AP) — Ascent Industries Co. (ACNT) on Tuesday reported a first-quarter loss of $5.2 million, after reporting a profit in the same period a year earlier.
The Oak Brook, Illinois-based company said it had a loss of 51 cents per share.
The maker of stainless steel pipe, storage tanks and specialty chemicals posted revenue of $82.5 million in the period.
Ascent Industries shares have climbed slightly more than 9% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.48, a decline of 36% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACNT at https://www.zacks.com/ap/ACNT