Element Solutions reports Q2 non-GAAP EPS of $0.47 and revenue of $978M, exceeding analyst expectations.
Element Solutions posted Q2 non-GAAP earnings per share of $0.47, beating estimates by $0.04, as revenue surged 56.5% year-over-year to $978M, surpassing forecasts by $104.2M.
The company’s reported net income rose 63% to $77 million from $48 million in the same period last year. Revenue growth was driven by strong demand across key segments, outpacing prior expectations.
Shares showed muted reaction in after-hours trading as investors digested the results.