Innophos Holdings (IPHS) Misses Q1 EPS by 10c
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Innophos Holdings, Inc. Reports First Quarter 2015 Results
April 27, 2015 4:10 PM EDTCRANBURY, N.J., April 27, 2015 /PRNewswire/ --Â Innophos Holdings, Inc. (NASDAQ:Â IPHS), a leading international producer of performance-critical and nutritional specialty ingredients, with applications in food, beverage, dietary supplements, pharmaceutical, oral care and industrial end markets, today announced its financial results for the first quarter 2015.
First Quarter Results
Net sales for the first quarter 2015 of $202 million were up 4% sequentially, but were down 7% compared to the first quarter 2014. Specialty Phosphates sales increased 7% sequentially, but declined 3% year-over-year due to lower selling prices and lower volumes. US/Canada Specialty Phosphates sales of $147 million... More