Darling Ingredients (DAR) Tops Q2 EPS by 1c
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Darling Ingredients Inc. Reports Second Quarter 2016 Financial Results: Feed Segment Drives Improvement While DGD Recovers To Normal
August 11, 2016 4:30 PM EDTIRVING, Texas, Aug. 11, 2016 /PRNewswire/ --
2nd Quarter 2016 Highlights
Net income of $32.0 million, or $0.19 per GAAP diluted share Revenue of $877.3 million Adjusted EBITDA of $124.0 million, improved sequential EBITDA of 25.3% North American Feed Segment contributed improved sequential earnings and EBITDA margin expansion Strong demand for Global Feed and Fuel Ingredients, Consistent performance from Food Segment and DGD normalizesDarling Ingredients Inc. (NYSE: DAR), a global leader in converting edible and inedible bio-nutrient streams into a wide range of... More
