Color Group

Sensient Technologies Corporation Reports Results for the Quarter Ended March 31, 2024 and Raises Full Year Guidance

Retrieved on: 
Friday, April 26, 2024

Segment operating income was $23.7 million in the first quarter of 2024, an increase of $1.5 million compared to the prior year’s first quarter.

Key Points: 
  • Segment operating income was $23.7 million in the first quarter of 2024, an increase of $1.5 million compared to the prior year’s first quarter.
  • The Color Group reported revenue of $160.0 million in the first quarter of 2024, a decrease of $1.1 million compared to the prior year’s first quarter.
  • Segment operating income was $31.7 million in the first quarter of 2024, a decrease of $0.2 million compared to the prior year’s first quarter results.
  • The Company will host a conference call to discuss its 2024 first quarter financial results at 8:30 a.m. CDT on Friday, April 26, 2024.

Sensient Technologies Corporation Reports Results for the Quarter Ended December 31, 2023

Retrieved on: 
Thursday, February 8, 2024

Segment operating income was $18.1 million in the fourth quarter of 2023, a decrease of $3.4 million compared to the prior year’s fourth quarter.

Key Points: 
  • Segment operating income was $18.1 million in the fourth quarter of 2023, a decrease of $3.4 million compared to the prior year’s fourth quarter.
  • Segment operating income was $21.3 million in the fourth quarter of 2023, a decrease of $3.2 million compared to the prior year’s fourth quarter results.
  • The Asia Pacific Group reported revenue of $33.2 million in the fourth quarter of 2023, a decrease of $1.4 million compared to the prior year’s fourth quarter.
  • Segment operating income was $5.9 million in the quarter, a decrease of $0.7 million compared to the prior year’s fourth quarter.

Sensient Technologies Corporation Reports Results for the Quarter Ended September 30, 2023

Retrieved on: 
Friday, October 20, 2023

Segment operating income was $23.1 million in the current quarter, a decrease of $3.3 million compared to the prior year’s third quarter.

Key Points: 
  • Segment operating income was $23.1 million in the current quarter, a decrease of $3.3 million compared to the prior year’s third quarter.
  • The Color Group reported revenue of $145.0 million in the quarter, a decrease of $6.5 million compared to the prior year’s third quarter.
  • Segment operating income was $22.9 million in the quarter, a decrease of $5.3 million compared to the prior year’s third quarter results.
  • The Company will host a conference call to discuss its 2023 third quarter financial results at 8:30 a.m. CDT on Friday, October 20, 2023.

Sensient Technologies Corporation Reports Results for the Quarter Ended June 30, 2023

Retrieved on: 
Friday, July 21, 2023

The Flavors & Extracts Group reported second quarter revenue of $188.3 million compared to $189.3 million in last year’s second quarter, a decrease of 0.6%.

Key Points: 
  • The Flavors & Extracts Group reported second quarter revenue of $188.3 million compared to $189.3 million in last year’s second quarter, a decrease of 0.6%.
  • The Color Group reported revenue of $160.5 million in the quarter compared to $156.3 million in last year’s second quarter, an increase of 2.7%.
  • Segment operating income was $7.6 million in the quarter compared to $7.7 million in last year’s second quarter, a decrease of 1.9%.
  • The Company will host a conference call to discuss its 2023 second quarter financial results at 8:30 a.m. CDT on Friday, July 21, 2023.

Sensient Technologies Corporation Reports Results for the Quarter Ended March 31, 2023

Retrieved on: 
Friday, April 28, 2023

The Flavors & Extracts Group reported first quarter revenue of $178.9 million compared to $182.7 million in last year’s first quarter, a decrease of 2.1%.

Key Points: 
  • The Flavors & Extracts Group reported first quarter revenue of $178.9 million compared to $182.7 million in last year’s first quarter, a decrease of 2.1%.
  • Foreign currency translation decreased segment revenue by approximately 1% and was not material to segment operating income in the quarter.
  • The Color Group reported revenue of $161.2 million in the quarter compared to $148.4 million in last year’s first quarter, an increase of 8.6%.
  • The Company will host a conference call to discuss its 2023 first quarter financial results at 8:30 a.m. CDT on Friday, April 28, 2023.

Sensient Technologies Corporation Reports Results for the Quarter Ended December 31, 2022

Retrieved on: 
Friday, February 10, 2023

The Flavors & Extracts Group reported fourth quarter revenue of $178.9 million compared to $177.4 million in last year’s fourth quarter, an increase of 0.8%.

Key Points: 
  • The Flavors & Extracts Group reported fourth quarter revenue of $178.9 million compared to $177.4 million in last year’s fourth quarter, an increase of 0.8%.
  • Foreign currency translation decreased segment revenue by approximately 2% and was not material on segment operating income in the quarter.
  • The Color Group reported revenue of $147.8 million in the quarter compared to $137.1 million in last year’s fourth quarter, an increase of 7.8%.
  • The Company will host a conference call to discuss its 2022 fourth quarter financial results at 8:30 a.m. CST on Friday, February 10, 2023.