Albemarle (ALB) Tops Q2 EPS by 2c, Confirms Outlook

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Albemarle growth story continues with strong second quarter performance

August 7, 2017 5:05 PM EDT

CHARLOTTE, N.C., Aug. 7, 2017 /PRNewswire/ --

Second quarter 2017 highlights:

Second quarter net sales were $737.3 million, an increase of 10% over the prior year Second quarter earnings were $103.3 million, or $0.92 per diluted share Second quarter adjusted EBITDA was $218.9 million, an increase of 15% over the prior year; adjusted diluted earnings per share from continuing operations of $1.13, an increase of 22% over the prior year Completed the $250 million accelerated share repurchase program, retiring approximately 2.3 million... More