MALVERN, Pa. (AP) — MALVERN, Pa. (AP) — Ecovyst Inc. (ECVT) on Wednesday reported fourth-quarter net income of $30 million.

On a per-share basis, the Malvern, Pennsylvania-based company said it had net income of 26 cents. Earnings, adjusted for one-time gains and costs, were 22 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.

The specialty chemical producer posted revenue of $172.8 million in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $172.7 million.

For the year, the company reported profit of $71.2 million, or 60 cents per share. Revenue was reported as $691.1 million.

Ecovyst expects full-year revenue in the range of $715 million to $755 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ECVT at https://www.zacks.com/ap/ECVT

For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News