Ashland (ASH) Tops Q4 EPS by 50c

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Ashland reports preliminary financial results for fourth quarter of fiscal year 2020

November 10, 2020 5:00 PM EST

Sales of $609 million, flat compared to the prior-year quarterNet income of $5 million, or $0.07 per diluted shareIncome from continuing operations was zeroAdjusted income from continuing operations excluding intangibles amortization expense of $76 million, or $1.25 per diluted shareAdjusted EBITDA of $154 millionCash flows provided by operating activities of $160 million; free cash flows of $116 million

WILMINGTON, Del., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today announced preliminary1 financial results for the fourth quarter of fiscal year 2020 which ended September 30, 2020. The global... More