Platform Specialty Products (PAH) Tops Q1 EPS by 2c; Reaffirms EBITDA Guidance

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Go back to Platform Specialty Products (PAH) Tops Q1 EPS by 2c; Reaffirms EBITDA Guidance

Platform Specialty Products Corporation Announces First Quarter of 2017 Financial Results

May 8, 2017 7:00 AM EDT

WEST PALM BEACH, Fla., May 08, 2017 (GLOBE NEWSWIRE) -- Platform Specialty Products Corporation (NYSE: PAH) (Platform or the Company), a global, diversified specialty chemicals company, today announced its financial results for the first quarter ended March 31, 2017.

Highlights for first quarter 2017 (compared with first quarter 2016):

Net sales increased 5% to $862 million; organic sales increased 3% GAAP fully diluted loss per share of $0.09; adjusted earnings per share of $0.16, an increase of $0.06Reported net loss attributable to common stockholders of $24 million, a $110 million improvementAdjusted EBITDA increased 15% to $193 millionRepriced $1.93... More