Ascent Industries (ACNT) said Thursday that it signed a multi-year specialty chemicals contract with an existing customer, increasing the company's earnings before interest, taxes, depreciation, and amortization.
According to Ascent Industries, the deal is estimated to generate over $750,000 in additional annual EBITDA, equivalent to a 10% yearly increase for the company's specialty chemicals business.
Price: 12.70, Change: -0.06, Percent Change: -0.47
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