PQ Group Holdings Inc. (PQG) Tops Q1 EPS by 6c, Revenues Beat; Withdraws FY20 Guidance
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PQ Group Reports Solid First Quarter 2020 Results; Provides COVID-19 Update
May 5, 2020 6:15 AM EDTSales of $361.6 million increased 0.7%, or 2.3% on constant currency basis; Net income of $0.2 million with diluted EPS of $0.00; Adjusted net income of $21.7 million with Adjusted diluted EPS of $0.16; Adjusted EBITDA of $103.1 million increased 2.1%, or 3.3% on a constant currency basis; Adjusted EBITDA margin of 26.2%; Term Loan and Asset Based Lending facilities repriced and extended; and Liquidity of $236.3 million, including cash on hand of $107.7 million at March 31, 2020
MALVERN, Pa.--(BUSINESS WIRE)-- PQ Group Holdings Inc. (NYSE: PQG) (PQ or the Company) reported results for the first... More
