Ingevity Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 392.6 million compared to USD 382.8 million a year ago. Net income was USD 50.7 million compared to USD 60.8 million a year ago.

Basic earnings per share from continuing operations was USD 1.36 compared to USD 1.56 a year ago. Diluted earnings per share from continuing operations was USD 1.35 compared to USD 1.55 a year ago.