AgroFresh Solutions (AGFS) Tops Q2 EPS, Sales Miss

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AgroFresh Solutions Reports Results for Second Quarter and First Half of 2017

August 9, 2017 7:30 AM EDT

Year-to-Date Revenues Increased 5.0 Percent; Cash from Operations up 100 Percent

Net sales for first half of 2017 up 5.0 percent to $49 million Net income of $3 million for the second quarter and net loss of $9 million for the first half of 2017 compared to a net loss of $25 million for the second quarter and $50 million for the first half of 2016 Second quarter EBITDA[1] of $5 million compared to a negative $4 million in the year earlier period, and first half EBITDA[1] of $16 million compared to... More