A. Schulman Reports Strong Fiscal 2018 First Quarter Results
A SCHULMAN (SHLM)
Last a schulman earnings: 6/28 07:52 am
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US:NASDAQ Investor Relations:
ir.aschulman.com/investor-relations
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Source: GlobeNewswire
Net sales increased 12% in the first quarter compared with prior year period Segment gross margin and adjusted operating margin both improved sequentially from fourth quarter levelsStrong cash generation in the quarter with total debt reduction of $25 million, compared with $28 million for full fiscal 2017Company reiterates fiscal 2018 earnings guidance of $2.00 to $2.20 per diluted share on an adjusted basis; mid-point represents a 20% increase versus prior year AKRON, Ohio, Jan. 08, 2018 (GLOBE NEWSWIRE) -- A. Schulman, Inc. (Nasdaq:SHLM) today announced its financial results for the fiscal 2018 first quarter for the period ended November 30, 2017. The Company reported quarterly net income of $12.8 million, or $0.43 per diluted share. On an adjusted basis, net income for the first quarter of fiscal 2018 was $16.2 million, or $0.55 per diluted share. Last year the Company reported first quarter net income of $1.1 million, or $0.04 per diluted share, and on an adjusted basis, the
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