Solstice Advanced Materials Reports Better-Than-Expected Q2 Results
Solstice Advanced Materials (NASDAQ: SOLS) reported second-quarter results that exceeded expectations, with non-GAAP earnings per share of $0.88, surpassing estimates by $0.11. Revenue reached $1.15 billion, a year-over-year increase of 11%, and beat forecasts by $70 million. The company also raised its full-year FY2026 net sales guidance to between $4.125 billion and $4.185 billion from the previous range of $3.90 billion to $4.10 billion, with a consensus estimate at $4.08 billion. Additionally, Solstice revised its adjusted EBITDA outlook for FY2026. The improved guidance reflects strong performance and positive momentum in key markets served by the company.
Tickers: $SOLS
Topics: Earnings Guidance Update Revenue Beat