AgroFresh Solutions (AGFS) Misses Q3 EPS by 15c
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AgroFresh Solutions Reports Results for Third Quarter and First Nine Months of 2019
November 7, 2019 4:05 PM ESTQuarterly performance primarily affected by a two-week apple harvest delay across the northern hemisphere, shifting substantial revenue to the fourth quarter. Third quarter net sales were $49.0 million, a decrease of 28.7% (27% on a constant currency basis) versus the prior year period. Year-to-date net sales decreased 13.1% (11.2% on a constant currency basis) versus the prior year period. Year-to-date sales of Tecnidex decreased 1.2% on an absolute basis and increased 4.7% on a constant currency basis versus the prior year period. Selling, general and administrative... More
