AgroFresh Solutions (AGFS) Misses Q1 EPS by 7c

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AgroFresh Solutions Reports Results for First Quarter of 2019

May 7, 2019 4:05 PM EDT

Net sales increased 1.5% to $38.9 million versus the first quarter of 2018 Selling, general and administrative expenses decreased 2.5% versus the first quarter of 2018, reflecting ongoing cost optimization initiatives Net loss of $12.6 million for the first quarter of 2019; compared to net loss of $13.0 million for the first quarter of 2018 Adjusted EBITDA(1) increased 11.8% to $12.5 million, compared to $11.2 million for the first quarter of 2018

PHILADELPHIA--(BUSINESS WIRE)-- AgroFresh Solutions, Inc. ("AgroFresh" or the "Company") (Nasdaq:... More