Ascent Industries Falls on Wider 4Q Loss, End Market Softness

Dow Jones
03/04
 

By Elias Schisgall

 

Shares of Ascent Industries fell after the company widened their loss in the fourth quarter, citing softness in some of its end markets.

Shares were down 13% to $15.09 in Wednesday morning trading. The stock has gained 37% in the past year.

The chemical solutions company on Tuesday posted a loss of $1.04 million, or 11 cents a share, compared with a loss of $1.03 million, or 10 cents a share, a year earlier.

Net sales ticked up to $18.8 million, up from $18.1 million a year earlier.

"Fourth quarter results reflected normal seasonal softness, compounded by continued market softness across several end markets," Chief Executive Bryan Kitchen said.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

March 04, 2026 09:51 ET (14:51 GMT)

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