Minerals Technologies (MTX) Tops Q2 EPS by 9c

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Minerals Technologies Reports Second Quarter 2020 Earnings of $0.42 Per Share, or $0.85 Per Share, Excluding Special Items

July 30, 2020 5:01 PM EDT

Highlights:

Strong Demand from Consumer-Oriented MarketsOperating Margins Remained Solid Despite Weaker VolumesSigned Two New Satellite PCC Contracts: U.S. and IndiaStrong Cash Flow from Operations of $64 MillionImproved Financial Flexibility by Extending Debt Maturities and Increasing Liquidity to Over $675 Million

NEW YORK, July 30, 2020 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (MTI or the Company) today reported diluted earnings per share of $0.85, excluding special items,... More