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Solstice Posts $1.046 Billion in Q3 Sales, Up 8% Year Over Year

Non-GAAP EPS was $0.80, beating estimates by $0.11, while sales topped estimates by $30 million.

Silver foil blister pack catches light across its molded cavities / TokenPost.ai
Silver foil blister pack catches light across its molded cavities / TokenPost.ai

Solstice Advanced Materials, Inc. recorded $1.046 billion in third-quarter net sales, 8% above the year-earlier level. Sales exceeded estimates by $30 million.

Non-GAAP earnings per share (EPS) came to $0.80, topping estimates by $0.11. Non-GAAP EPS is a per-share earnings measure calculated using a company’s non-GAAP methodology.

Sales growth reflected gains in Electronic Materials, Refrigerants and Healthcare Packaging.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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