Balchem Corp. (BCPC) Tops Q4 EPS by 2c
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Balchem Corporation Reports Fourth Quarter Net Earnings of $15.9 Million with Record Fourth Quarter Adjusted EBITDA of $37.7 Million
February 28, 2017 7:00 AM ESTNEW HAMPTON, N.Y., Feb. 28, 2017 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) today reported for the fourth quarter 2016 net earnings of $15.9 million, compared to net earnings of $15.7 million for the fourth quarter 2015. Adjusted EBITDA(a) was $37.7 million, compared to adjusted EBITDA of $33.7 million for the prior year quarter. For the full year ended December 31, 2016, net earnings were $56.0 million with record adjusted EBITDA of $149.3 million, compared to net earnings and adjusted EBITDA of $59.7 million and $140.5 million, respectively, in the prior year.
Fourth Quarter 2016 Financial Highlights:
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