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Ascent Industries: Q2 Earnings Snapshot
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SCHAUMBURG, Ill. (AP) — SCHAUMBURG, Ill. (AP) — Ascent Industries Co. (ACNT) on Tuesday reported second-quarter profit of $670,000.

On a per-share basis, the Schaumburg, Illinois-based company said it had net income of 7 cents.

The maker of stainless steel pipe, storage tanks and specialty chemicals posted revenue of $25.7 million in the period.

Ascent Industries shares have fallen 5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.38, a climb of 19% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACNT at https://www.zacks.com/ap/ACNT

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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