Ingevity (NGVT) Tops Q3 EPS by 10c
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Ingevity reports third quarter 2017 financial results
November 1, 2017 4:16 PM EDTNet sales of $264.1 million were up 4.6 percent versus the prior year quarters sales of $252.4 million Net income of $38.4 million resulted in net income as a percentage of sales of 14.5 percent, compared to net loss of $4.9 million including restructuring costs related to the closure of the Brazil refinery, which resulted in net loss as a percentage of sales of 1.9 percent in the prior year quarter Diluted earnings per share were $0.79; diluted adjusted earnings per share were $0.86 Adjusted EBITDA of $72.7 million were up 22 percent compared to third quarter 2016 adjusted... More
