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Stock impact report

Sensient Technologies Corporation Reports Results for the Quarter Ended March 31, 2018

Sensient Technologies Corporation (SXT) 
Last sensient technologies corporation earnings: 2/14 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.sensient.com/investor-overview
Company Research Source: Business Wire
MILWAUKEE--(BUSINESS WIRE)-- Sensient Technologies Corporation (NYSE: SXT) reported earnings per share of 89 cents in the first quarter of 2018 compared to 30 cents in the first quarter of 2017. Revenue was $356.5 million in this year’s first quarter compared to $341.4 million in last year’s first quarter. Operating income was $55.7 million in the first quarter of 2018 and $24.0 million in last year’s first quarter. As previously disclosed, the Company completed its restructuring activities in 2017 and did not incur any restructuring or other costs in the first quarter of 2018. Therefore, no adjustments were made to the GAAP results in the first quarter of 2018. Any reference to “adjusted results” refers to the results in the comparable period in 2017. The 2017 reported results include restructuring and other costs, which are described in more detail under “Reconciliation of Non-GAAP Amounts” below. Rest Show less Read more
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