Ingevity Corporation reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was USD 383.6 million compared to USD 336 million a year ago. Net income was USD 15.6 million compared to USD 29.3 million a year ago.

Basic earnings per share from continuing operations was USD 0.42 compared to USD 0.74 a year ago. Diluted earnings per share from continuing operations was USD 0.41 compared to USD 0.74 a year ago.