AgroFresh Solutions (AGFS) Misses Q1 EPS by 4c
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AgroFresh Solutions Reports Results for First Quarter 2017
May 9, 2017 7:30 AM EDT15% growth in net sales, further operating efficiencies drive bottom line improvement
Net sales of $33 million, up 15 percent versus the first quarter of 2016 First quarter 2017 net loss reduced to $12 million compared to a net loss of $25 million for the first quarter of 2016 First quarter EBITDA[1] of $11 million compared to $4 million in the year earlier period $9 million of cash generated by operations for the first quarter of 2017 Quarter end cash of $85 million, up nearly $8 million since December 31, 2016... More