Versum Materials (VSM) Tops Q1 EPS by 7c

Go back to Versum Materials (VSM) Tops Q1 EPS by 7c

Versum Materials Reports First Quarter Fiscal 2017 Financial Results

February 13, 2017 6:30 AM EST

Reaffirms Fiscal Year 2017 Guidance

Solid First Quarter Fiscal Year 2017 Financial Results

Sales of $270.8 million, up 10% from first quarter 2016 Net Income of $50.8 million and Net Income Margin of 18.8%, with diluted EPS of $0.47 Adjusted EBITDA of $93.2 million, up 2% from first quarter 2016 Adjusted EBITDA Margin of 34.4% Cash Flow from Operations of $89.8 million

Reaffirm Fiscal Year 2017 Guidance

Sales of $990 - $1,050 million, up 2% to 8% versus fiscal year 2016... More