Ferro Corp. (FOE) Tops Q4 EPS by 3c

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Go back to Ferro Corp. (FOE) Tops Q4 EPS by 3c

Ferro Reports Fourth Quarter and Full Year 2018 Results

February 27, 2019 4:22 PM EST

Delivers Strong Year-over-Year Performance; Provides 2019 Guidance

Fourth Quarter Financial and Operating Highlights *:

Net Sales increased 4.7% to $395.5M Organic salescc grew 3.6% GAAP diluted EPS improved to $0.13 versus a loss of $0.10 Adjusted EPS increased 13.8% to $0.33 Net Income1 improved to $11.0M compared to a loss of $8.7M Adjusted EBITDA grew 6.4% to $56.1M Net Cash provided by Operating Activities increased 193.6% to $141.7M Adjusted Free Cash Flow Conversion of 178.9%

Full Year Financial... More