MORRIS PLAINS, N.J. (AP) — MORRIS PLAINS, N.J. (AP) — Solstice Advanced Materials Inc. (SOLS) on Wednesday reported profit of $41 million in its fourth quarter.
The Morris Plains, New Jersey-based company said it had profit of 26 cents per share.
The maker of industrial specialty materials posted revenue of $987 million in the period.
For the year, the company reported profit of $237 million, or $1.49 per share. Revenue was reported as $3.89 billion.
For the current quarter ending in March, Solstice Advanced Materials said it expects revenue in the range of $935 million to $985 million.
The company expects full-year earnings in the range of $2.45 to $2.75 per share, with revenue ranging from $3.9 billion to $4.1 billion.
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