Ashland reports financial results1 for third quarter fiscal 2024, issues outlook for fourth quarter and full-year fiscal 2024
ASHAshland(ASH) Newsfilter·2024-08-07 05:01

Sales of 544millionNetincome(includingdiscontinuedoperations)of544 millionNet income (including discontinued operations) of 6 million, or 0.12perdilutedshareIncomefromcontinuingoperationsof0.12 per diluted shareIncome from continuing operations of 31 million, or 0.60perdilutedshareAdjustedincomefromcontinuingoperationsexcludingintangiblesamortizationexpenseof0.60 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of 75 million, or 1.49perdilutedshareAdjustedEBITDAof1.49 per diluted shareAdjusted EBITDA of 139 million, up five percent from the prior-year quarterCash flows provided by operating activities of 128million;ongoingfreecashflow2of128 million; ongoing free cash flow2 of 112 millionRepurchased 1.3 million ...