AgroFresh Solutions Reports Fourth Quarter and Full Year 2015 Results*
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AgroFresh Solutions (AGFS) Q4 adj.-EBITDA Fell 36%; CEO Macphee Resigns
March 11, 2016 6:20 AM ESTAgroFresh Solutions (NASDAQ: AGFS) reported Q4 EPS of $0.29, $0.19 better than the analyst estimate of $0.10. Revenue for the quarter came in at $51 million versus the consensus estimate of $49.47 million.
Fourth quarter 2015 Adjusted EBITDA was $27 million, a 36% decline year-over-year on a constant currency basis.
AgroFresh also announced that Thomas Macphee, Chief Executive Officer, has stepped down from his position, effective as of March 10, 2016. In addition, Stan Howell will step down from his... More
