Balchem Corp. (BCPC) Tops Q3 EPS by 8c

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Go back to Balchem Corp. (BCPC) Tops Q3 EPS by 8c

Balchem Corporation Reports Quarterly Sales of $155.0 Million, Record Third Quarter Net Earnings of $19.2 Million, Record Third Quarter Adjusted Net Earnings of $23.7 Million, and Record Third Quarter

November 6, 2018 7:00 AM EST

NEW HAMPTON, N.Y., Nov. 06, 2018 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) today reported for the third quarter 2018 record third quarter net earnings of $19.2 million, compared to net earnings of $16.0 million for the third quarter 2017. Record third quarter adjusted net earnings(a) were $23.7 million, compared to $20.4 million in the prior year quarter. Record third quarter adjusted EBITDA(a) was $38.4 million, compared to $35.7 million in the prior year quarter.

Third Quarter 2018 Financial Highlights:

Quarterly net sales of $155.0 million in the third quarter 2018, an increase of $4.3... More