Omnova Solutions (OMN) Reports In-Line Q2 EPS

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Go back to Omnova Solutions (OMN) Reports In-Line Q2 EPS

OMNOVA Solutions Expands Operating Margins in Second Quarter 2015, Grows EPS By More Than 20% Versus 2Q 2014, and Reaffirms Full-Year Guidance of Significant Growth in Adjusted Diluted Earnings Per Sh

June 30, 2015 8:01 AM EDT

BEACHWOOD, Ohio, June 30, 2015 /PRNewswire/ --

Second Quarter 2015 Highlights

The Company reported second quarter 2015 net income of $3.9 million and diluted earnings per share of $0.09, compared to second quarter 2014 net income of $3.4 million and diluted earnings per share of $0.07. Adjusted Income From Continuing Operations was $5.2 million, and Adjusted Diluted Earnings Per Share from Continuing Operations was $0.11 for the second quarter of 2015, compared to Adjusted Income from Continuing Operations of $4.0 million and Adjusted Diluted Earnings Per Share from Continuing Operations of $0.09 in the second quarter of 2014. (See Table B.) Segment operating... More