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Balchem Corporation Reports Record Quarterly Sales of $163.7 Million, Record Second Quarter Net Earnings of $19.7 Million, Record Adjusted Net Earnings of $24.5 Million and Record Adjusted...

Balchem Corporation (BCPC) 
Last balchem corporation earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: balchem.com/investor-relations
Company Research Source: GlobeNewswire
NEW HAMPTON, N.Y., Aug. 03, 2018 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) today reported for the second quarter 2018 record second quarter net earnings of $19.7 million, compared to net earnings of $16.5 million for the second quarter 2017. Record adjusted net earnings(a) were $24.5 million, compared to $20.5 million in the prior year quarter. Record adjusted EBITDA(a) was $41.0 million, compared to $36.3 million in the prior year quarter. Second Quarter 2018 Financial Highlights: Record quarterly net sales of $163.7 million in the second quarter 2018, an increase of $16.6 million, or 11.3%, compared to the prior year quarter.Year over year sales growth in all four of our segments, with record quarterly sales for our Human Nutrition & Health and Specialty Products segments.Year over year earnings from operations growth in three of the four segments.Record second quarter net earnings were $19.7 million, an increase of $3.1 million, or 19.0%, from the prior year, resul Show less Read more
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