Q3 2024 Financial Performance - GAAP Sales for Q3 2024 were $179 million[7] - Adjusted EBITDA for Q3 2024 was $60 million[7] - Adjusted EBITDA Margin for Q3 2024 was 29%[7] - Adjusted Free Cash Flow was $59 million for the nine months ended September 30, 2024[7] - The Net Debt Leverage Ratio was 3.2x[7] - Liquidity stood at $188 million, comprising $123 million in cash and cash equivalents plus $65 million availability on the revolving ABL facility[7] Segment Performance - Ecoservices sales increased by 4.3% to $153.9 million in Q3 2024[14] - Ecoservices Adjusted EBITDA Margin decreased by 130 basis points to 35.8%[15] - Advanced Silicas sales decreased by 1.6% to $25.3 million in Q3 2024[17] - Zeolyst Joint Venture sales decreased by 16.5% to $30.9 million in Q3 2024[17] - Advanced Materials & Catalysts Adjusted EBITDA Margin decreased by 680 basis points to 19.4%[17] 2024 Outlook - The company anticipates 2024 sales between $700 million and $740 million[23] - Zeolyst Joint Venture sales are expected to be between $115 million and $135 million[23] - Adjusted EBITDA is projected to be between $230 million and $245 million[23] - Adjusted Free Cash Flow is expected to be between $75 million and $85 million[23]
Ecovyst (ECVT) - 2024 Q3 - Earnings Call Presentation