Versum Materials (VSM) Tops Q1 EPS by 3c; Lifts Outlook

Versum Materials (NYSE: VSM) reported Q1 EPS of $0.54, $0.03 better than the analyst estimate of $0.51. Revenue for the quarter came in at $330.8 million versus the consensus estimate of $295.41 million.

Raising Fiscal Year 2018 Guidance

• Estimated Sales of $1,250 - $1,300 million, up 11% to 15% versus fiscal year 2017
• Estimated Adjusted EBITDA of $415 - $435 million, up 12% to 17% versus fiscal year 2017

For earnings history and earnings-related data on Versum Materials (VSM) click here.

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