Atotech Ltd. (ATC) Tops Q1 EPS by 10c

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Go back to Atotech Ltd. (ATC) Tops Q1 EPS by 10c

Atotech Reports Results for the First Quarter of 2022

May 11, 2022 6:01 AM EDT

Generates first quarter revenue of $358 million, approximately 1% over the prior-year period; chemistry organic revenue grew 3%Reports net income of $48 million, compared to a net loss of $72 million in the first quarter of 2021, the latter reflecting one-time expenses during last years re-financing activitiesDelivers Adjusted EBITDA1 of $112 million, a 2% increase over the prior-year period due to strong Electronics organic revenue growthReduces net leverage to 2.7x

BERLIN, May 11, 2022 (GLOBE NEWSWIRE) -- Atotech (NYSE: ATC) (the Company), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, today reported... More