Kraton Corporation (KRA) Tops Q2 EPS by 61c
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Kraton Corporation Announces Second Quarter 2021 Results
July 28, 2021 4:20 PM EDTHOUSTON, July 28, 2021 /PRNewswire/ -- Kraton Corporation (NYSE: KRA), a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, announces financial results for the quarter ended June 30, 2021.
SECOND QUARTER 2021 SUMMARY
Consolidated net income of $38.4 million, compared to consolidated net loss of $7.1 million in the second quarter of 2020. Adjusted EBITDA(1) of $61.8 million, down $7.7 million or 11.1%, compared to the second quarter of 2020. The $7.7 million decline in Adjusted EBITDA(1) reflects $16.9 million of costs associated with a significant... More