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MIAMI - Element Solutions Inc (NYSE:ESI) reported first-quarter earnings that surpassed analyst expectations, driving its shares up 4% in response to the positive results.
The specialty chemicals company posted adjusted earnings per share of $0.34, beating the analyst estimate of $0.33. Revenue for the quarter came in at $594 million, exceeding the consensus estimate of $574.2 million and representing a 3% increase YoY on a reported basis or 5% on an organic basis.
Element Solutions’ net income surged 75% YoY to $98 million, while adjusted EBITDA rose 1% to $128 million. The company’s Electronics segment was a key driver, with net sales increasing 13% to $394 million and organic net sales growing 10%.
"Element Solutions started 2025 strong. We grew profits, meaningfully reduced leverage, and continued to execute on breakthrough growth strategies," said Benjamin Gliklich, President and CEO. He noted particular strength in high-value electronics niches, especially data centers and AI applications.
The company maintained its full-year 2025 adjusted EBITDA guidance of $520 million to $540 million, despite uncertainties related to potential trade actions. For the second quarter, Element Solutions expects adjusted EBITDA to be in the range of $120 million to $125 million.
Element Solutions also completed the sale of its MacDermid Graphics Solutions business for $323 million in February, resulting in a $72.1 million gain in the first quarter.
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