AgroFresh Solutions (AGFS) Misses Q4 EPS by 25c, Revenues Miss

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Go back to AgroFresh Solutions (AGFS) Misses Q4 EPS by 25c, Revenues Miss

AgroFresh Solutions Reports Results for Fourth Quarter and Full Year 2018

March 11, 2019 4:05 PM EDT

Full year 2018 net sales increased 9% versus 2017 to $178.8 million Fourth quarter 2018 net sales were $53.3 million, versus $54.1 million in the prior year fourth quarter Crop Diversification strategy continues, with 30% of sales coming from crops other than apples in 2018, versus 19% in the prior year period Net loss of $1.9 million for the fourth quarter of 2018 and net loss of $30.2 million for the full year 2018, which included $45.9 million of amortization of intangibles Adjusted EBITDA(1) of $24.4 million for the fourth quarter of 2018 and $66.9 million for the full year 2018... More