Nexeo Solutions, Inc. (NXEO) Reports Q2 Loss of $0.01/Share
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Nexeo Solutions Reports Second Quarter Fiscal Year 2017 Financial Results
May 9, 2017 5:40 PM EDTRevenue increased 6% to $918 million, driven by volume growth of 4% and strong price executionNet loss for the quarter of $1 million, or $0.01 per share, included a $10 million non-cash charge related to the change in fair value of deferred consideration, compared to net income of $2 million in the prior yearAdjusted EBITDA increased over 10% to $46 million, from Adjusted EBITDA of $41 million in the prior yearCompleted Ultra Chem acquisition and continued to organically expand specialty line-card with supplier wins
THE WOODLANDS, Texas, May 09, 2017 (GLOBE NEWSWIRE) -- Nexeo Solutions, Inc. (NASDAQ: NXEO) (the "Company"... More
