Business
Innospec Reports First Quarter 2026 Financial Results
Continued strength in Fuel Specialties offset negative US winter storm impacts in other businesses Increasing confidence for sequential operating income and margin growth in Performance Chemicals and Oilfield Services Dividend increased by 10 percent; $6.2 million in share repurchases made in the quarter New $75 million buyback authorization GAAP EPS of $1.22 and adjusted non-GAAP EPS of $1.05 ENGLEWOOD, Colo., May 07, 2026 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ: IOSP) today announced its fin
About this update from Innospec Inc.
[{"type":"image","alt":"Innospec Inc.","displaySize":"","headline":null,"caption":"Innospec Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":153,"height":40,"url":"https://media.zenfs.com/en/globenewswire.com/713435241c4ac32c9bd80d4bd55f04a1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/M0fdeReAyyTEhOOYR.ezYQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTU1/https://media.zenfs.com/en/globenewswire.com/713435241c4ac32c9bd80d4bd55f04a1","width":153,"height":40}},"lazy":false},{"type":"text","content":"Continued strength in Fuel Specialties offset negative US winter storm impacts in other businesses","length":98,"tagName":"p"},{"type":"text","content":"Increasing confidence for sequential operating income and margin growth in Performance Chemicals and Oilfield Services","length":118,"tagName":"p"},{"type":"text","content":"Dividend increased by 10 percent; $6.2 million in share repurchases made in the quarter","length":87,"tagName":"p"},{"type":"text","content":"New $75 million buyback authorization","length":37,"tagName":"p"},{"type":"text","content":"GAAP EPS of $1.22 and adjusted non-GAAP EPS of $1.05","length":52,"tagName":"p"},{"type":"text","content":"ENGLEWOOD, Colo., May 07, 2026 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the first quarter ended March 31, 2026. The Company declared its semi-annual dividend of 92 cents per common share for the first half of this year, representing an increase of 10 percent. This dividend will be paid on May 29, 2026 to shareholders of record on May 19, 2026.","length":407,"tagName":"p"},{"type":"text","content":"Total revenues for the first quarter were $453.2 million, an increase of 3 percent from $440.8 million in the corresponding period last year. Net income attributable to Innospec for the quarter was $30.4 million or $1.22 per diluted share compared to $32.8 million or $1.31 per diluted share recorded in the corresponding period last year. Adjusted EBITDA for the quarter was $43.7 million compared to $54.0 million reported in the same period a year ago.","length":455,"tagName":"p"},{"type":"text","content":"Results for this quarter include some special items, which are summarized in the table below. Excluding these items, adjusted non-GAAP EPS in the first quarter was $1.05 per diluted share, compared to $1.42 per diluted share...