PQ Group Holdings Inc. (PQG) Tops Q1 EPS by 3c, Revenues Miss; Offers FY19 EPS/Revenue Outlook

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PQ Group Holdings Reports First Quarter 2019 Results; Operating Performance On Track; Reaffirming 2019 Outlook

May 9, 2019 6:15 AM EDT

Sales of $359.2 million declined 1.9%; up 1.4% on constant currency basis on stronger pricing and commercial activities in all business segments; Net income of $3.2 million or diluted EPS of $0.02; Adjusted net income of $17.5 million or Adjusted diluted EPS of $0.13; Adjusted EBITDA of $101.0 million; Adjusted EBITDA margin of 26.0%; Reaffirming 2019 Financial Guidance including Adjusted free cash flow of $125 million to $145 million

MALVERN, Pa.--(BUSINESS WIRE)-- PQ Group Holdings Inc. (NYSE: PQG) (PQ or the Company) reported results for the first... More