Phibro Animal Health (PAHC) Misses Q3 EPS by 4c, FY Guidance Comes in Light

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Go back to Phibro Animal Health (PAHC) Misses Q3 EPS by 4c, FY Guidance Comes in Light

Phibro Animal Health Corporation Reports Third Quarter Results

May 6, 2019 4:20 PM EDT

TEANECK, N.J., May 06, 2019 (GLOBE NEWSWIRE) -- Phibro Animal Health Corporation (NASDAQ: PAHC) today announced its financial results for its third quarter ended March 31, 2019.

Highlights for the March 2019 quarter (compared to the March 2018 quarter)

Net sales of $206 million, a decrease of $3 million, or 2%Net income of $15 million, a decrease of $5 millionDiluted EPS of $0.37, a decrease of $0.12Adjusted EBITDA of $30 million, a decrease of $3.4 million, or 10%Adjusted diluted EPS of $0.39, a decrease of $0.07, or 15%

Phibro also updated its full year financial guidance, to include:

... More