Ashland(ASH) - 2024 Q2 - Quarterly Results
ASHAshland(ASH)2024-05-01 05:09

Exhibit 99.1 Ashland reports financial results1 for second quarter fiscal 2024; issues outlook for third quarter and full-year fiscal 2024 • Sales of 575million,downfivepercentfromtheprioryearquarterNetincome(includingdiscontinuedoperations)of575 million, down five percent from the prior-year quarter • Net income (including discontinued operations) of 120 million, or 2.39perdilutedshareIncomefromcontinuingoperationsof2.39 per diluted share • Income from continuing operations of 121 million, or 2.40perdilutedshareAdjustedincomefromcontinuingoperationsexcludingintangiblesamortizationexpenseof2.40 per diluted share • Adjusted income from continuing operations excluding intangibles amortization expense of 64 million, or $1.27 per diluted shar ...