0001653477-26-000035
SEC filingRevenue declined 9.2% to $258.0M, but net income surged 191.7% to $59.8M, driven by a divestiture gain and improved gross margin.
Management expects the Performance Materials segment to benefit from revenue growth but notes that indirect costs from the divested industrial specialties and road markings product lines will be a burden. The company continues to monitor tax legislation developments but does not anticipate a material impact on its tax provision or effective tax rate.