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Stock impact report

Ashland reports financial results1 for second quarter fiscal 2024; issues outlook for third quarter and full-year fiscal 2024 [Yahoo! Finance]

Ashland Inc. (ASH) 
Last ashland inc. earnings: 1/27 05:00 pm Check Earnings Report
US:NYSE Investor Relations: investor.ashland.com/investor-relations
Company Research Source: Yahoo! Finance
Income from continuing operations of $121 million, or $2.40 per diluted share Adjusted income from continuing operations excluding intangibles amortization expense of $64 million, or $1.27 per diluted share Adjusted EBITDA of $126 million Cash flows provided by operating activities of $54 million; ongoing free cash flow of $4 million WILMINGTON, Del., April 30, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced financial results for the second quarter of fiscal year 2024, which ended March 31, 2024, and issued its outlook for third quarter and full-year fiscal 2024. The global additives and specialty ingredients company holds leadership positions in high-quality, consumer-focused markets including pharmaceuticals, personal care and architectural coatings. Sales in the second quarter were $575 million, down five percent versus the prior-year quarter. Results during the quarter reflect market-demand dynamics and underlying business performance that were general Show less Read more
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