TSE Q2 2023 Earnings — Trinseo PLC Revenue & Financial Results | Market Cap Arena

TSETrinseo PLC

$4M

Q2 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$963M-32.5% YoY

Gross Profit

$54M5.6% margin

Operating Income

-$337M-35.0% margin

Net Income

-$349M-36.3% margin

EPS (Diluted)

$-9.91

QoQ Revenue Growth

-3.4%

Cash Flow

Operating Cash Flow

$57M

Free Cash Flow

$43M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$3.3B

Stockholders' Equity

$21M

Cash & Equivalents

$270M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$963M	$1.4B	-32.5%
Gross Profit	$54M	$139M	-61.5%
Operating Income	-$337M	$92M	-467.7%
Net Income	-$349M	$37M	-1033.2%

Revenue Segments

Latex Binders

$254M37%

Engineered Materials

$206M30%

Polystyrene

$193M28%

Feedstocks

$38M5%