Ferro Corp. (FOE) Tops Q2 EPS by 1c
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Ferro Reports Second Quarter 2018 Results; GAAP EPS Increased 40% to $0.35 and Adjusted EPS Increased 18.9% to $0.44
July 25, 2018 4:56 PM EDTAlso Makes Acquisitions That Supplement and Expand Current Portfolio of Technologies, Setting Stage for Future Growth
Second Quarter Financial and Operating Highlights *:
GAAP EPS increased 40.0% to $0.35 Adjusted EPS increased 18.9% to $0.44 Net Sales increased 19.4% to $416.2 million Net Income increased 41.1% to $29.7 million, with EBITDA expanding 17.9% to $75.2 million Full-year 2018 non-GAAP guidance reaffirmed, despite currency headwinds Organic sales grew 5.4% on constant currency*Comparative information is relative to... More
