Phibro Animal Health (PAHC) Misses Q2 EPS by 2c, Offers Guidance

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Phibro Animal Health Corporation Reports Third Quarter Results, Provides Revised Financial Guidance

May 4, 2022 4:25 PM EDT

TEANECK, N.J.--(BUSINESS WIRE)-- Phibro Animal Health Corporation (Nasdaq: PAHC) today announced financial results for its third quarter ended March 31, 2022.

Highlights for the three months ended March 31, 2022 (compared to the three months ended March 31, 2021) Net sales of $239.6 million, an increase of $27.9 million, or 13% Net income of $17.7 million, an increase of $5.5 million, or 45% Diluted EPS of $0.44, an increase of $0.14 or 47% Adjusted EBITDA of $28.0 million, comparable to the prior year Adjusted Net Income of $13.4 million, a decrease of $0.5 million, or... More