Solstice Advanced Materials Reports Third Quarter 2026 ResultsNet Sales of $1,046 million exceeded guidance, up 8% YoY reflecting robust growth in Electronic Materials, Refrigerants, and Healthcare Packaging Net Income attributable to Solstice Advanced Materials of $80 million, Diluted Earnings per Share (EPS) of $0.50, and Adjusted diluted EPS1 of $0.80 Adjusted EBITDA 1 of $265 million, with Adjusted EBITDA Margin 1 of 25.3%, up 109 bps YoY Company raises Full-Year 2026 Guidance; now expects Net Sales of $4,195 - $4,220 million, Adjusted EBITDA1 of $1,050 - $1,060 million, and Adjusted Diluted Earnings per Share (EPS)1 of $2.90 - $2.95 Returned $112 million to shareowners in the third quarter including $100 million of share repurchases. Intends to substantially complete $500 million share repurchase authorization by the end of 1Q'27 MORRIS PLAINS, N.J.
PRNewsWire11/4/2026Neutral