Darling Ingredients (DAR) Misses Q1 EPS by 10c
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Darling Ingredients Inc. Reports First Quarter 2016 Financial Results: Strong Food Performance Drives Solid Results, Macro Environment Improving
May 12, 2016 4:35 PM EDTIRVING, Texas, May 12, 2016 /PRNewswire/ --
1ST Â Quarter 2016 Highlights
Net income of $1.1 million, or $0.01 per GAAP diluted share Consolidated revenue of $779.6 million Gross margin of 23.2% Adjusted EBITDA of $98.9 million, steady sequential EBITDA margins of 12.7% Food Segment contributed solid sequential earnings and EBITDA margin expansion Fat and protein pricing improvements at end of Q1 will show benefits in Q2Darling Ingredients Inc. (NYSE: DAR), a global leader in converting edible and inedible bio-nutrient streams... More
