Milacron Holdings Corp. (MCRN) Reports In-Line Q2 EPS
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Milacron Holdings Corp. Reports Second Quarter 2018 Results
July 26, 2018 6:30 AM EDTRecord sales driven by 9% consumables growth highlights solid second quarter
2018 Second Quarter Overview
Sales of $328.1 million increased 6.1% on an as-reported basis and 3.7% on a constant currency basis Orders of $342.3 million increased 2.2% on an as-reported basis and 0.3% on a constant currency basis Operating earnings (GAAP) increased 21.8% to $35.2 million; Adjusted EBITDA (non-GAAP) increased 5.4% to $62.8 million Diluted EPS (GAAP) of $0.21; Diluted adjusted EPS (non-GAAP) increased 4.3% to $0.48 Cash flow from operations of $14.5 million increased $7.2 million, driving free cash flow of $6.4 million, a $0.5 million... More