Quaker Houghton (KWR) Tops Q3 EPS by 18c

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Go back to Quaker Houghton (KWR) Tops Q3 EPS by 18c

QUAKER HOUGHTON ANNOUNCES THIRD QUARTER 2022 RESULTS

November 3, 2022 4:30 PM EDT

Net sales of $492.2 million increased 10% compared to Q3'21 driven by higher selling pricesReported net income of $25.9 million and earnings per diluted share of $1.44Non-GAAP net income of $31.2 million and non-GAAP earnings per diluted share of $1.74Delivered $70.3 million of adjusted EBITDA, a 6% increase compared to $66.2 million in Q3'21Sequential margin improvement as we executed on our value-based pricing initiatives

CONSHOHOCKEN, Pa., Nov. 3, 2022 /PRNewswire/ -- Quaker Houghton ("the Company") (NYSE: KWR), the global leader in industrial process fluids, today announced its third quarter 2022... More