Phibro Animal Health (PAHC) Tops Q1 EPS by 16c

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Go back to Phibro Animal Health (PAHC) Tops Q1 EPS by 16c

Phibro Animal Health Corporation Reports First Quarter

November 11, 2014 4:15 PM EST

TEANECK, N.J., Nov. 11, 2014 (GLOBE NEWSWIRE) -- Phibro Animal Health Corporation (Nasdaq: PAHC) today announced its financial results for its first quarter ended September 30, 2014. It also updated guidance for its fiscal year ending June 30, 2015.

Highlights for the September 2014 quarter (compared to the September 2013 quarter) Net sales of $187 million, an increase of 16% Adjusted EBITDA of $30 million, an increase of 41% Adjusted diluted EPS of $0.51      Guidance for the June 2015 fiscal year (compared to the June 2014 fiscal year) updated to reflect an increase of $4 million attributable to accelerated licensing revenue and profit for... More