PQ Group Holdings Inc. (PQG) Tops Q3 EPS by 1c, Revenues Beat; Raises FY18 Revenue/FCF Guidance
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PQ Group Holdings Reports Third Quarter 2018; Updates 2018 Guidance Raising adjusted free cash flow outlook to $125 million to $140 million, a yield of ~ 6%
November 6, 2018 6:15 AM ESTSales up 9.0% to $427.2 million; Net income of $14.2 million with Diluted EPS of $0.11 Adjusted Net Income of $35.4 million with Adjusted Diluted EPS of $0.26; Adjusted EBITDA of $118.1 million Net cash provided by operating activities of $115.9 million and quarterly adjusted free cash flow of $91.0 million, leading to $80 million of debt repayment 2018 outlook: Raising adjusted free cash flow expectation to $125 million to $140 million, a yield of ~6%; on track for additional debt paydown by year-end
MALVERN, Pa.--(BUSINESS WIRE)-- PQ Group Holdings Inc. (NYSE:... More
