Ingevity Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 340.1 million compared to USD 392.6 million a year ago. Net loss was USD 56 million compared to net income of USD 50.7 million a year ago.

Basic loss per share from continuing operations was USD 1.54 compared to basic earnings per share from continuing operations of USD 1.36 a year ago. Diluted loss per share from continuing operations was USD 1.54 compared to diluted earnings per share from continuing operations of USD 1.35 a year ago.