Ashland (ASH) Misses Q2 EPS by 24c

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Ashland reports preliminary financial results1 for second quarter of fiscal year 2021

April 28, 2021 5:00 PM EDT

Sales of $598 million, down two percent from the prior-year quarterNet income of $41 million, or $0.66 per diluted shareIncome from continuing operations of $43 million, or $0.69 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $64 million, or $1.05 per diluted shareAdjusted EBITDA of $134 millionCash flows provided by operating activities of $64 million; free cash flows of $40 million

WILMINGTON, Del., April 28, 2021 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today announced preliminary1 financial results for the second quarter of fiscal year... More