Ingevity Corporation reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 371.7 million compared to USD 383.6 million a year ago. Net loss was USD 116.8 million compared to net income of USD 15.6 million a year ago.

Basic loss per share from continuing operations was USD 3.23 compared to basic earnings per share from continuing operations of USD 0.42 a year ago. Diluted loss per share from continuing operations was USD 3.23 compared to diluted earnings per share from continuing operations of USD 0.41 a year ago.