A. Schulman (SHLM) Tops Q1 EPS by 11c

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A. Schulman Reports Strong Fiscal 2018 First Quarter Results

January 8, 2018 4:15 PM EST

Net sales increased 12% in the first quarter compared with prior year period Segment gross margin and adjusted operating margin both improved sequentially from fourth quarter levelsStrong cash generation in the quarter with total debt reduction of $25 million, compared with $28 million for full fiscal 2017Company reiterates fiscal 2018 earnings guidance of $2.00 to $2.20 per diluted share on an adjusted basis; mid-point represents a 20% increase versus prior year

AKRON, Ohio, Jan. 08, 2018 (GLOBE NEWSWIRE) -- A. Schulman, Inc. (Nasdaq: SHLM) today announced its financial results... More