Versum Materials (VSM) Tops Q1 EPS by 3c; Lifts Outlook

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Go back to Versum Materials (VSM) Tops Q1 EPS by 3c; Lifts Outlook

Versum Materials Reports Fiscal First Quarter 2018 Financial Results

February 6, 2018 6:00 AM EST

Updates Fiscal Year 2018 Guidance

Fiscal First Quarter 2018 Financial Highlights Versus First Quarter 2017

Sales of $330.8 million, up 22% Net Income of $18.6 million or diluted EPS of $0.17, includes a $37.6 million charge from the US Tax Cuts and Jobs Act Adjusted Net Income of $59.0 million, up 12% Adjusted diluted EPS of $0.54, up 13% Adjusted EBITDA of $102.3 million, up 10%

Raising Fiscal Year 2018 Guidance

Estimated Sales of $1,250 - $1,300 million, up 11% to 15% versus fiscal year 2017... More