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Ascent Industries Co. (ACNT) Q1 2026 Earnings Call Transc...
2026-05-07 · via All Articles on Seeking Alpha

Ascent Industries Co. (ACNT) Q1 2026 Earnings Call May 6, 2026 5:00 PM EDT

Company Participants

Kenneth Wayne Herring Jr.
J. Kitchen - President & CEO
Ryan Kavalauskas - Chief Financial Officer

Presentation

Operator

Hello, and welcome to the Ascent Industries Co.'s First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to Kenny Herring, Vice President of Finance. Please go ahead.

Kenneth Wayne Herring Jr.

Thank you, Haley, and good afternoon, everyone. Before we continue, I would like to remind all participants that the discussion today may contain certain forward-looking statements pursuant to the safe harbor provisions of the federal securities laws. These statements are based on information currently available to us and are subject to various risks and uncertainties that could cause actual results to differ materially. Ascent advises all of those listening to this call to review the latest 10-Q and 10-K posted on its website for a summary of these risks and uncertainties. Ascent does not undertake the responsibility to update any forward-looking statements.

Further, the discussion today may include non-GAAP measures. In accordance with Regulation G, the company has reconciled these amounts back to the closest GAAP-based measurement. The reconciliations can be found in the earnings press release issued earlier today and posted on the Investors section of the company's website at ascentco.com. Please note that this call is available for replay via webcast link that is also posted on the Investors section of the company's website.

With that, I'll turn the call over to Brian.

J. Kitchen
President & CEO

Thanks, Ken, and good afternoon, everyone. We've got a lot to cover today, so let's jump in. In the first quarter, we saw a meaningful number of projects won in 2025, convert into real measurable revenue