Versum Materials (VSM) Tops Q2 EPS by 2c

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Go back to Versum Materials (VSM) Tops Q2 EPS by 2c

Versum Materials Reports Second Quarter Fiscal 2017 Financial Results

May 2, 2017 6:30 AM EDT

Updates Fiscal Year 2017 Guidance

Strong Second Quarter Fiscal 2017 Financial Results

Sales of $270.8 million, up 16.0% from second quarter 2016 Net Income of $44.9 million, Margin of 16.6%, diluted EPS of $0.41 Adjusted Net Income of $47.9 million, Margin of 17.7%, Adjusted diluted EPS of $0.44 Adjusted EBITDA of $86.9 million, Margin of 32.1% Initiated cash dividend

Updated Fiscal 2017 Guidance

Sales of $1,020 - $1,065 million, up 5% to 10% versus fiscal year 2016... More