Balchem Corp. (BCPC) Tops Q1 EPS by 10c

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Balchem Corporation Reports First Quarter Sales of $157.0 Million, First Quarter GAAP EPS of $0.58 and Adjusted EPS of $0.73

May 3, 2019 7:00 AM EDT

NEW HAMPTON, N.Y., May 03, 2019 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) today reported for the first quarter 2019 net earnings of $18.8 million, compared to net earnings of $19.3 million for the first quarter 2018. First quarter adjusted net earnings(a) were $23.7 million, compared to $24.4 million in the prior year quarter. First quarter adjusted EBITDA(a) was $39.7 million, compared to $40.7 million in the prior year quarter.

First Quarter 2019 Financial Highlights:

First quarter net sales of $157.0 million, a decrease of $4.4 million, or 2.7%, compared... More