KMG Chemicals (KMG) Reports Q2 EPS of $0.30
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KMG Reports Second Quarter 2015 Financial Results
March 12, 2015 4:01 PM EDTHOUSTON--(BUSINESS WIRE)-- KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals to select markets, today announced financial results for the fiscal 2015 second quarter ended January 31, 2015.
2015 Second Quarter Financial Highlights
Consolidated net sales were $79.8 million, a 5% decrease from last years second quarter. Sales declined due to reduced creosote volume and the divestiture of the creosote business in January. Adjusted EBITDA1 increased to $9.0 million, up 50% from $6.0 million in last years second quarter. Adjusted... More