Phibro Animal Health (PAHC) Misses Q1 EPS by 2c, Revenues Miss; FY18 EPS Outlook Below Consensus

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Phibro Animal Health Corporation Reports First Quarter Results, Updates Financial Guidance

November 6, 2018 4:15 PM EST

TEANECK, N.J., Nov. 06, 2018 (GLOBE NEWSWIRE) -- Phibro Animal Health Corporation (NASDAQ: PAHC) today announced its financial results for its first quarter ended September 30, 2018, and presented updated financial guidance for the fiscal year.

Highlights for the September 2018 quarter (compared to the September 2017 quarter)

Net sales of $200 million, an increase of $7 million, or 3%Net income of $16 million, an increase of 3%Diluted EPS of $0.40, an increase of $0.01, or 3%Adjusted EBITDA of $30 million, even with the prior yearAdjusted diluted EPS of $0.39, an increase of $0.01, or... More