PQ Group Holdings Inc. (PQG) Tops Q4 EPS by 4c, Revenues Miss; Offers FY20 Outlook
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PQ Group Reports Fourth Quarter and Full Year 2019 Results; $268 million Cash from Operations leads to $215 million debt repayment
February 20, 2020 6:15 AM ESTSales of $352.4 million for the fourth quarter and $1,567.1 million for the year; Net income of $19.1 million with diluted EPS of $0.14 and Adjusted net income of $18.0 million with Adjusted diluted EPS of $0.13 for the quarter; Net income of $79.5 million with diluted EPS of $0.59 and Adjusted net income of $125.2 million with Adjusted diluted EPS of $0.92 for the year; Adjusted EBITDA of $103.1 million for the quarter and $474.3 million for the year; Adjusted EBITDA margin of 27.3% for the year expanded 100 basis points; Net cash provided by operating activities of $267.7 million and Adjusted free cash flow of... More
