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

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 1.27perdilutedshareAdjustedEBITDAof1.27 per diluted share Adjusted EBITDA of 126 million Cash flows provided by operating activities of 54million;ongoingfreecashflow2of54 million; ongoing free cash flow2 of 4 million WILMINGTON, Del ...