Milacron Holdings Corp. (MCRN) Misses Q3 EPS by 2c
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Milacron Holdings Corp. Reports Third Quarter 2016 Results
November 1, 2016 7:01 AM EDTStrong order performance and solid operating cash flow progression
2016 Third Quarter Overview
Sales of $292.2 million increased 0.8%, on a constant currency basis (-1.1% organic, 1.9% acquisition) Operating earnings (GAAP) were $29.1 million; Adjusted EBITDA (non-GAAP) increased 0.6% to $54.3 million Diluted EPS (GAAP) of $0.10; Diluted adjusted EPS (non-GAAP) of $0.36 Cash flow from operations of $11.4 million drove free cash flow of $1.5 million, a $10.2 million increase versus $(8.7) million in the prior year
CINCINNATI--(BUSINESS WIRE)-- Milacron Holdings Corp. (Milacron) (NYSE: MCRN), a leading industrial technology company serving the plastic processing industry, today announced financial results for the third quarter ended... More
