Versum Materials (VSM) Tops Q2 EPS by 2c
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Versum Materials Reports Second Quarter Fiscal 2017 Financial Results
May 2, 2017 6:30 AM EDTUpdates 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 dividendUpdated Fiscal 2017 Guidance
Sales of $1,020 - $1,065 million, up 5% to 10% versus fiscal year 2016... More