Ascent Industries Q2 Earnings Call Highlights
Ascent Industries (NASDAQ:ACNT) reported Q2 results on an earnings call. It converted 17 commercial opportunities across 13 customers into about $5.8 million of annualized revenue, with a 26% conversion rate. Active selling pipeline hit a record $140 million. Adjusted EBITDA was $1.5 million (5.7% of sales) versus a prior-year loss; gross margin fell to 21.6% from 26.1%.


