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

Dow Jones

Mar 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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The stock has gained 37% in the past year. \n\n\n  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. \n\n\n  Net sales ticked up to $18.8 million, up from $18.1 million a year earlier. \n\n\n  \"Fourth quarter results reflected normal seasonal softness, compounded by continued market softness across several end markets,\" Chief Executive Bryan Kitchen said. \n\n\n \n\n\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 04, 2026 09:51 ET (14:51 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}