Stepan Company reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 532.13 million compared to USD 627.18 million a year ago. Net loss was USD 1.19 million compared to net income of USD 10.83 million a year ago.

Basic loss per share from continuing operations was USD 0.05 compared to basic earnings per share from continuing operations of USD 0.48 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to diluted earnings per share from continuing operations of USD 0.47 a year ago.