Versum Materials (VSM) PT Lowered to $45 at Credit Suisse
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Versum Materials Reports Fiscal First Quarter 2018 Financial Results
February 6, 2018 6:00 AM ESTUpdates 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