Balchem Corp. (BCPC) Tops Q1 EPS by 21c, Revenues Beat

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Balchem Corporation Reports First Quarter Sales of $174.4 Million, GAAP EPS of $0.61 and Adjusted EPS of $0.81

May 1, 2020 7:01 AM EDT

NEW HAMPTON, N.Y., May 01, 2020 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) reported today for the first quarter 2020 net earnings of $19.8 million, compared to net earnings of $18.8 million for the first quarter 2019. First quarter adjusted net earnings(a) were $26.4 million, compared to $23.7 million in the prior year quarter and adjusted EBITDA(a) was $42.4 million compared to $39.7 million in the prior year quarter.

First Quarter 2020 Financial Highlights:

Net sales of $174.4 million, an increase of $17.4... More