Element Solutions (ESI) Tops Q2 EPS by 4c
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Element Solutions Inc Announces 2020 Second Quarter Financial Results
August 4, 2020 7:00 AM EDTNet sales of $387 million, a decline of 15% from last year on a reported and organic basis GAAP diluted earnings per share of $0.01, compared to $0.06 in the same period last year; adjusted EPS of $0.18, compared to $0.21 in the same period last year Reported net income of $2 million, compared to $15 million in the same period last year Adjusted EBITDA of $85 million, preserving year-over-year margin despite COVID-19-related volume declines Second quarter 2020 cash flows from operating activities of $64 million and free cash flow of $61 million; year-to-date cash flows from operating... More
